Construction contracts can protect the integrity of your project. Reinforcing the elements of your contract can reduce the chances of misunderstandings and disputes.
A construction schedule can provide a timeline of progress for everyone involved in your project. With a detailed and regularly updated schedule in place, you can encourage responsibility from subcontractors, reinforce contractual obligations and complete your project with efficiency.
Planning and budgeting
Developing a construction schedule will take time and should begin well in advance of when you plan to start your project. Many factors impact the layout, length and strategy of a construction schedule including the following:
- Required permits
- Available budget
- Design and materials
Assessing your budget first can help you develop a schedule that will reduce overspending and costly financial oversights. As you reach certain points within your schedule you may compare different subcontractors to find the most affordable option that will enable you to stay within your budget.
Clarity and communication
A contract may address individual requirements for the timely completion of project-related tasks. However, generalized deadlines may provide little incentive for efficiency. A construction schedule can provide further detail about deadline requirements. It can add clarity and context to your contract. Subcontractors can reference the schedule to determine how they will complete their obligations according to the timeline you have provided.
Another benefit of a construction schedule is that it encourages open communication. According to Timber Frame HQ, a construction schedule enables you and your subcontractors to agree on reasonable deadlines to prevent discord and disappointment resulting from ineffective or irrational timeline requirements.