Building construction is the process of adding structure to real
property. The vast majority of building construction projects
are small renovations, such as addition of a room, or renovation
of a bathroom. Often, the owner of the property acts as laborer,
paymaster, and design team for the entire project. However, all
building construction projects include some elements in common
- design, financial, and legal considerations. Many projects of
varying sizes reach undesirable end results, such as structural
collapse, cost overruns, and/or litigation, because of insufficient
planning. For this reason, those with experience in the field
make detailed plans and maintain careful oversight during the
project to ensure a positive outcome.
For projects of large size and/or unusual type,
the owner will likely establish a team of workers and advisors
to create an overall plan. This ensures that the project will
proceed in an orderly way to a desirable end. While no set list
would establish what is needed or advisable for a particular
project, frequently used advisors include mortgage bankers,
accountants, lawyers, insurance brokers, architects, and engineers.
While their roles overlap, each area of expertise addresses
an element of what will be affected by the building construction
project.
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