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10 Tips On Managing Your Home Renovation Project

When planning your home remodeling or renovation project one of the main decisions you need to make is who will manage the project. You may have engaged a Designer, and add managing the project to their contract. Alternatively, as is common practice, the main builder may act as the Contracting Manager. Or you may decide to take on the project management role yourself.

Designing a building or renovation is not just about how it will look and function but also what materials are used, when they are needed, ensuring payments are made to suppliers and subcontractors, and quality assurance. If you feel you have the experience to deal with this, great. But be warned, it's not as easy as it may sound. Contracting your own home result in savings of up to 20 percent but can end up costing you more than if you contracted out, if delays, poor engagement and low quality results.

The 10 most common mistakes made by homeowners acting as remodeling and renovation project managers are:

1. Insufficient Planning - the success of your project is probably 80 contingency to allow for alternative materials, increased costs, higher cost for replacement labor etc. It is so easy for $40 here and $25 there to become $3000 over a two or three week project. This is why it is so imperative to update your expenditure every single day so you know exactly where you are. There is nothing that will stop a building project in its tracks faster than subcontractors fear of not getting paid.

Gail La Grouw is publisher of Remodeling & Renovations website www.remodelingrenovations.com and contributes Consumer and Home Product Reviews for www.go-reviews.com.

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