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Scope Your Way to Better Budgets


  • 2019  by Rory Woolsey
  • intermediate
  • white paper
  • Reviewed

For facility managers, budget creation is a high-stakes task. There is never enough data on hand. The work itself is time-consuming and tedious. If a budget comes in high, one risks having his competence questioned and tying up funds that could have been put to use. More commonly, the budget estimate is much lower than contractor bids. This is an especially harrowing situation that forces the owner to choose between two painful options: Cut project scope or ask for more money. Detract from the building users’ experience or hurt the bottom line – this is a choice no one likes making. Managers can avoid the choice between cutting scope and go over budget. The answer lies in a comprehensive Scope of Work (SOW). This session will explain what you need to know about creating a Scope of Work that will get your estimate off to a winning start.

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  • white paper
  • budgets
  • facility managers
  • scope of work
  • sow
  • finance and business
  • intermediate
  • costs
  • 2019
  • 34 Downloads
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