Home Building project Plan
How long does it take to build a home extension? Compiling a home building project plan can predict this
with some degree of accuracy.
Because most home extension construction projects draws from the lender typically follow the completion of
various phases, or milestones, the cash flow on a project can be very irregular.
While the money flowing out of a construction company; for employee salaries, benefits, office space, vehicles,
insurance, equipment and other company expenses, typically occurs on a regular calendar based timeline, the money
used to pay these expenses follows an event driven schedule.
Therefore, besides the "normal" unplanned events that can affect the progress of a home building project, it is
not uncommon for home builders to rearrange construction schedules in order to gain access to draw money so that
they are able to pay subcontractors and suppliers in a timely manner.
By the way, this is generally a good thing (provided you have an honest builder) because subcontractors tend to
follow the money and happy subs are almost always preferable to unhappy ones:-)
NOTE - These are general discussion articles