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Overview of the Problem Every business establishes systems to reduce waste, but cost overrun is considered conventional wisdom across the globe for the construction industry. The impact on construction companies is considerable.  Time spent securing new funding, renegotiating contracts, or seeking additional approvals all contribute to delays. These delays can lead to the deterioration of physical infrastructure that weighs on the already strained monetary demands. Ultimately, cost overruns hit the company and all stakeholders where it hurts the most: their wallets. These problems, found in both the private and public sectors, are where businesses look to add value rather than increase costs Causes of Cost Overrun Most causes of construction delays occur in the beginning stages of a project. Because of the focus on soft data, the rough order of magnitude is less certain than the hard data that begins to accrue throughout the project. As hard data is acquired, the more certain costs can be.  The leading factors that specifically contribute to cost overruns are:  project management risk assessment cost-benefit analysis construction management time overrun decision-making design, methodology, or approach The key issue is project management. It’s this factor that can fail to implement risk management.  This is closely followed by design delays. While some design changes are expected, especially on complicated projects, change orders caused by unclear project objectives and scopes significantly affect the duration and cost of the project. Both issues are related, though. The planning team requires feedback from a multitude of other teams and poor communication and coordination from all sides. These are areas of disconnection that aggregate into an unsuccessful approach to project management. Another major source of trouble is underbudgeting cost estimates. The reasons…

Here at Metal Solutions, we're passionate about what we build. While we are a one-stop-shop general contactor, our specialty has been – and will always be – metal buildings that are functional, durable, and beautiful. Our clients, both commercial and residential, see the value of structures that put utility at the forefront without sacrificing comfort. Over the last 15 years, we’ve compiled countless reasons why we think metal buildings are, in general, the superior option for the vast majority of what our clients come to us looking for. Here are a few reasons why. "Metal Building" Doesn't Mean "Low Quality" At first glance, many see “metal building” and think of some rusted old barn in the country someplace, a cheaply built structure with a tin roof and rusted siding. Nothing could be further from the truth of what we build. Metal structures are affordable, sure, but they’re also better. As proof, consider many of our clients. We have many customers in Midland, which happens to be one of the richest cities in America, and (oil price depending, mind you) sometimes the richest. Odessa, too, has plenty of wealth – ranking not far behind. To put it mildly, business owners in the Permian Basin don’t buy “low quality” stuff because they can’t afford to. When it comes to managing their assets, they need good structures that will stand the test of time (and the volatile weather of our area, too). The fact that there are so many metal building companies in Midland, TX should tell you something! Every investment here is extra-important, because this area is driving the domestic energy boom in America and weaning us off the Middle East. Pretty important stuff. These businesses buy what they need to…