![]() Review Your Budget Regularly: Cost estimates provide a starting point, and a budget allows you to control costs as much as possible over the course of a construction project.It is essential to communicate with all stakeholders during the pre-construction phase to ensure that the necessary parties have approved the project design and budget, that you have implemented the requested changes, and that you have addressed all potential issues. Get Approvals: Depending on the type of project you’re pursuing, you may be submitting a final construction budget to your boss for a green light, or you may be giving it directly to a client for approval. ![]() In a construction budget, you typically earmark a percentage of the total costs for contingencies.
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