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.