08186345633, 08022132985, 08057419648

Sapient Vendors

  • HOME
  • ABOUT
    • Our Team
    • Our Impact
  • SERVICES
    • Civil Engineering
    • Design & Build
    • Project Management
    • Road Construction
  • PORTFOLIO
  • PROJECTS
  • CASE STUDIES
    • Construction of Oxygen Housing for PSA Plant in (IDH), Yaba, Lagos
    • Laboratory Renovation Works at LAUTECH Oshogbo
    • Refurbishment of Galilee Foundation, Ibadan
  • BLOG
  • CONTACT
CONTACT US / GET A QUOTE
  • Home
  • Blog
  • How To's
  • CONSTRUCTION MANAGEMENT: 5 Major Decisions You Must Get Right Before Embarking On Any Building Project
0
Walter Emiedafe
Tuesday, 12 March 2019 / Published in How To's

CONSTRUCTION MANAGEMENT: 5 Major Decisions You Must Get Right Before Embarking On Any Building Project

Having a place to stay remains one of life’s biggest expectations. Whether you choose to stay in a house made with wood, concrete or steel, the most important thing is that you have a place to live in or a place to work from.

Accommodation can be acquired through different means; by renting, or building a structure, and could be used either for commercial or residential purposes.

But owning a building is most beneficial, though expensive when compared to renting a building, but in the long run, you will realize that owning a building is cost-effective.

Knowing well what our core values are at Sapient Vendors, we deliver high quality, cost-effective projects on schedule to clients.

CONSTRUCTION MANAGEMENT: 5 Major Decisions You Must Get Right Before Embarking On Any Building Project

In this article, we are going to share five major decisions you must get right before embarking on any building project. The fourth major decision will surprise you, enjoy!

  1. WHAT’S YOUR BUDGET?

Budgeting for your building, starts from the point where the land on which the structure will be built is acquired, to the point of completion of the proposed structure.

Having a budget helps you to plan for your spending and keep you on track, even when there is very little to spend.

At the point of budgeting, you will know whether your current financial strength will be able to pull you through the period of executing the building projects itself. Budgeting basically helps you prioritize your spending.

  1. WHAT’S YOUR SOURCE OF FUND?

Here comes the issue of money. You must determine where the financing is coming from, whether its donations, personal savings, credit or mortgage.

You must also note that there are some terms and conditions that come with credits and loans. You should ensure the terms are realistic before going through with the project.

Every source of funding need to be scrutinized. You don’t want to have a major setback in your hands. Possibly, get an expert consultant to help with providing you the best way to fund your building projects.

  1. PURPOSE OF BUILDING?

Structures are built for different purposes. It could be built for residential, commercial or industrial purposes.

If you like to build something that could be used for residential and commercial purposes, there are ways to go about it. The design must be such that it can serve the purpose for which it is built.

Following years of experience in building construction, clients have had reasons to demolish and reconstruct a building because they realized how wrong it was originally built, thereby, spending more than the allocated spending.

It is hereby necessary to get the purpose for which the structure is built.

  1. WHO ARE YOUR PROJECT EXECUTORS?

Having a good looking architectural design, does not translate to having the physical structure looking as good as you had it on paper and models. The question of ‘who executes my project?’ should be treated with caution.

It is at this stage that the quality of building materials and other essentials are determined. We are sure you don’t want your building collapsing at any time; you would agree that’s going to be a major setback.

In choosing your project executor, seek for one with a reputation for quality service delivery, and most importantly one that could help you maximise available funds.

Choosing Sapient Vendors as your project executor would be the best decision you could make because we represent everything that has been stated. You don’t want to spend more than you have budgeted for.

  1. WHERE SHOULD YOUR BUILDING BE LOCATED?

The purpose for which the building is constructed plays a huge role in finding its best location. This is where construction professionals come to play. These professionals would access the kind of structure you like to have on a particular location and give you a proper feasibility report.

Other pre-construction advises that concerns logistics, government regulations, environmental regulations, budgeting and project specification are also given if you consult Sapient vendors.

Sapient Vendor offers consulting services at no cost, yes! We mean it, we are just a phone call away.

ACTION POINT

We have provided you with useful tips on what you should do before embarking on a building project, it’s now time for you to take decisive actions to build your dream structure.

We hope this information you now have, will help you to decide on the best location for your building, who plans and executes your building project and decide on the budgeting as well as construction funding.

Let us know which of the mentions you need us to help you with, we would be glad to help. Please use the comment section below to send your feedback. We really love to hear from you.

 

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

What you can read next

construction project mgt
CONSTRUCTION PROJECT MANAGEMENT: How To Deliver Projects On Time and Within Budget
Value Engineering
VALUE ENGINEERING: How to Improve Function and Quality While Reducing Costs of Construction Projects in Nigeria
road drainage maintenance
ROAD DRAINAGE MAINTENANCE: 4 Long-term Benefits of Maintaining Road Drainages in Nigeria

1 Comment to “ CONSTRUCTION MANAGEMENT: 5 Major Decisions You Must Get Right Before Embarking On Any Building Project”

  1. CONSTRUCTION MANAGEMENT: 5 Unusual Solutions That Will Reduce Construction Cost By 40% - Sapient Vendors says :Reply
    March 29, 2019 at 8:06 pm

    […] have complained that lack of money as a reason for the delay in completion of a building project. With Sapient Vendors, you wouldn’t have to experience delay your building […]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Sapient Vendors Wins BUILD Magazine’s Award As Nigeria’s Construction Company of the Year 2020

    We want to use this opportunity to appreciate t...
  • Sapient Vendors Bags Connect Nigeria Award As One of The 100 Top Emerging SMEs in Nigeria

    Despite the craziness of this year 2020, as a c...
  • The CEO, Walter Emiedafe interview at Fidelity Bank SME Forum on Inspiration 92.3FM Lagos

    The CEO, Walter Emiedafe interview at Fidelity Bank SME Forum on Inspiration 92.3FM Lagos

    Mentorship & Entrepreneurship Success: Deco...
  • ROAD CONSTRUCTION: How Nigerian Roads Can Be Better Through Soil Stabilization

    ROAD CONSTRUCTION: How Nigerian Roads Can Be Better Through Soil Stabilization

    In recent times, one of the ways Nigerians rate...
  • 5 Very Important Criteria for Choosing The Right Construction Company  

    5 Very Important Criteria for Choosing The Right Construction Company  

    Population growth is an important factor that a...
  • 6 Lessons To Learn From The Lagos Building Collapse

    6 Lessons To Learn From The Lagos Building Collapse

    Tragedy struck on Wednesday 13th March, 2019 wh...
  • Reduce Construction Cost

    CONSTRUCTION MANAGEMENT: 5 Unusual Solutions That Will Reduce Construction Cost By 40%

    How would you like to get a solution that will ...
  • Walter Emiedafe

    The journey so far: Our CEO’s Featured Interview on How We Made it in Africa

    Our CEO, Walter Emiedafe was recently featured ...
  • Companies to Inspire Africa 2019

    Sapient Vendors identified in London Stock Exchange Group’s ‘Companies to Inspire Africa 2019’ report

    2019 report identifies a new cohort of fast gro...
  • The Top 100 Fastest Growing SMEs in Nigeria

    Sapient Vendors Bags BusinessDay Award As One of The Top 100 Fastest Growing SMEs in Nigeria

    The BusinessDay Top 100 Fastest Growing SMEs in...

Categories

  • Company News
  • How To's
  • Industry News
  • Sapient Impact

AWARDS

Companies to Inspire Africa 2019

MEMBERSHIP

FOLLOW US

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
  • Youtube

LATEST POST

VIEW ALL
  • Sapient Vendors Wins BUILD Magazine’s Award As Nigeria’s Construction Company of the Year 2020

Copyright © 2022 Sapient Vendors LTD. | Powered by Differentiate Online
TOP
 

Loading Comments...