O'Reilly logo

Theater Planning by Gene Leitermann

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 8Project Budgets

Predicting and managing the cost of building—that is, establishing and maintaining a project budget—is fundamental to a successful outcome. Unfortunately, budget and cost terminology is often used loosely, and what constitutes “cost” can vary from project to project. Any attempt to compare the costs of buildings requires an understanding of what is and is not included in the cost figures. Therefore, it’s important to understand what makes up the cost of buildings, the variations possible, and the common terminology used.

Budget and Cost Components

Project costs are divided into two major categories—construction cost and owner’s costs. On traditional design-bid-build projects, the construction cost is equivalent to the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required