Top 9 things owners should know before starting a construction project
If a construction project is in your future, you need to start planning for it now.
Consider these key steps as you get everything in order:
- Identify project goals as well as external and internal limitations that could impact construction.
- Strategically choose among the procurement and payment methods that make the most sense for your organization.
- Secure financing and adequate insurance coverage of the project.
- Build the right team and delegate authority to trusted advisors with construction experience.