G
Guest

6 articles on Cost Control

Provisional Sums Nominated Subcontractors image Provisional Sums Nominated Subcontractors image
Understand provisional sums and nominated subcontractors in construction contracts, including FIDIC and JCT treatment, planning gaps, extension of time evidence, LD exposure, design-execution overlap risk, downloadable tools, and practical contract administration guidance.
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Anonymous

On site provisional sums for façade packages often stall follow trades; how do you budget floats for authority approvals?

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Elie Saad
Jun 14, 2026
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Prime Cost Sums Construction image Prime Cost Sums Construction image
Learn how Prime Cost sums affect contractor risk, margin exposure, and BOQ pricing strategy. Includes real construction examples, split vs composite PC items, and OH&P placement guidance.
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Anonymous

On site, a $1/m² margin hit on 2,500 m² is real — who's covering extra wastage if tiles drop to $5/m²?

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Anonymous

On-site caution: for 2,500 m² ceramic tile PC sums, cheaper selections still increase wastage, handling and DLP exposure—place OH&P in installation.

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Anonymous

With the composite BOQ example (25 $/m²), if selected tiles cost $18/m², how do you price extra handling, protection and wastage—lump to installation or claim as variation?

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Elie Saad
Jun 14, 2026
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Construction Project Retention image Construction Project Retention image
Learn how construction retention works with clear formulas, bond types, accounting entries, and examples. Ensure cash flow and quality in your projects.
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Anonymous

Retention can be a double-edged sword. While it ensures quality, it can also strain cash flow. Have any contractors found effective ways to manage retention without compromising project timelines?

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Anonymous

Great read, thx

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Anonymous

👍

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Anonymous

clear, thanks! 👏👏👏👏👏

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Anonymous

Tariq Malik: Managing retention can feel like juggling while riding a unicycle. I've seen some contractors use retention bonds to ease cash flow, but it’s still a balancing act to keep projects on track.

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Elie Saad
Apr 14, 2025
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Requisition Form image Requisition Form image
Learn what a requisition form is, how it is used for materials - Purchase Requisition - and services, how it protects budget before PO or work order commitment, and which forms and logs help contractors track requests, allocation, and actual usage.
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Anonymous

⭐⭐⭐

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Anonymous

🔥

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Elie Saad
Mar 14, 2026
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Work Breakdown Structure Explained image Work Breakdown Structure Explained image
Learn what a Work Breakdown Structure (WBS) is, how to create one, how it differs from activity codes, cost codes, BOQs, and material codes, and how it is used in planning, reporting, budgeting, contracts, and construction project controls.
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Anonymous

🤔

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Anonymous

Creating a WBS feels like organizing a messy closet—easy to start but tricky to keep tidy!

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Anonymous

On site the 100% Rule breaks when temporary works, permits or testing are omitted. Practical caution: add temp works and handover to the WBS early. How do you track temporary works in your WBS?

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Lena Miller
Mar 22, 2026
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Construction Cashflow Prediction image Construction Cashflow Prediction image
Learn how to accurately predict construction project cash flows using mathematical models such as polynomial and exponential curves. Discover essential adjustments, including advance payments, retention deductions, payment delays, and work-in-progress billing, to align predicted work with real cash outflows.
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Anonymous

The article presents an interesting approach to cash flow prediction. I'm curious about how the polynomial and exponential models compare in real-world scenarios. Have there been any case studies that highlight their effectiveness in different project types?

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Anonymous

in the real word, the normal distribution aligns more with the actual data. 👍

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Anonymous

The polynomial and exponential models seem promising, but how do they handle unexpected delays in real projects? Insights on adaptability would be valuable.

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Anonymous

The article highlights polynomial and exponential models, but how do they adapt to fluctuating resource availability during projects?

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Anonymous

Omar Wang: It would be useful to see case studies comparing polynomial and exponential models in various project types. Have any projects successfully implemented these models to adapt to real-world challenges?

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Elie Saad
Apr 26, 2025
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