Sometimes financial situations can cause a contractor to fail. But these mishaps can likely be avoided. 

Forecasting and managing the timely implementation and execution of cost controls can considerably impact effective bidding. In fact, cost control can form a helpful cyclical pattern that starts at the bid phase, continues through job execution and closeout, and begins again with every new bid.

This article will explore the successful implementation of an all-encompassing cost control at every step within a project’s life cycle.