The smart way for starting capital projects

February 03, 2023 - Owners Developers & Managers

Boston, MA Starting capital projects off right requires not just knowledge of your fundamental assets, but accurate data on those assets as well. Many times, people depend on information about their assets from old paper drawings, flat files, blueprints, public documents, etc. Unfortunately, these older files are often not reliable. Those drawings, which may have been accurate at one point in time, may not be up to date. It is common for buildings to shift, sag, or undergo undocumented renovations. With that being said, you will not know the current condition of the building by looking at old drawings. To avoid wasting time and money, it is crucial to make sure that your documentation is correct before you invest in your capital project renovation. The question is, where do you start and who can document your asset without wasting time or money? Do you try to cobble something together from existing documentation and have a team verify and adjust existing drawings, or do you start from scratch? This is where you need an experienced team to help you sort out the best and most efficient way forward to get you exactly what you need. Read more at http://www.ifmaboston.org/blog/id/33 

 

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