Planning Saves Time and Money
For small projects (<$15,000), a seat-of-the-pants decision style may be appropriate. However, experience has shown that medium to large historic home renovation projects (>$20,000 to $1 million) benefit significantly by applying project management processes. In most cases, tasks can be performed in parallel, and assignment of skilled trades can occur smoothly without overlap or delay. Large expenses can be identified in advance, enabling better funding. As the historic home renovation become more complex and expensive, the project manager becomes as critical to the success of the project as the mason, electrician and historian. Photo by Rene Mesman.
This originally appeared in Vertical Challenge