FHB Podcast Segment: The Importance of Tracking Construction Expenses
In this Fine Homebuilding Podcast segment, the team discusses the importance of expense tracking and how to do it.
In episode 643 of the Fine Homebuilding Podcast, the team discusses the importance of meticulously tracking costs for every building project. As many know, unexpected expenses can throw off even the most carefully planned budget. To prevent surprises, it’s essential to regularly track costs and adjust expenses using a spreadsheet or other software. Construction budget tracking allows everyone involved to make informed decisions and find the most cost-effective options. The team agrees that starting with accurate estimates, regularly updating them, and being prepared to pivot when costs rise unexpectedly can make the difference between a smooth project and a financial headache.
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