{"id":1832,"date":"2024-10-03T17:45:14","date_gmt":"2024-10-03T22:45:14","guid":{"rendered":"https:\/\/finanzase.com\/?p=1832"},"modified":"2026-01-26T18:49:35","modified_gmt":"2026-01-26T23:49:35","slug":"costos-de-construccion","status":"publish","type":"post","link":"https:\/\/finanzase.com\/en\/costos-de-construccion\/","title":{"rendered":"Construction Costs"},"content":{"rendered":"<div class=\"article-main__content\" data-test-id=\"publishing-text-block\">\n<header>\n<section class=\"core-section-container relative my-3\">\n<div class=\"core-section-container__content break-words\">\n<div class=\"base-card relative w-full hover:no-underline focus:no-underline base-card--link base-main-card flex flex-wrap py-2 pr-2 babybear:pr-0 base-main-card--link publisher-author-card\">\n<div class=\"base-main-card__info self-center ml-1 flex-1 relative break-words papabear:min-w-0 mamabear:min-w-0 babybear:w-full\">\n<p>22 de abril de 2024<\/p>\n<h3 class=\"base-main-card__title font-sans text-[18px] font-bold text-color-text overflow-hidden\">Jose C. Corcione<\/h3>\n<div class=\"body-text text-color-text-low-emphasis base-main-card__metadata\"><\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/header>\n<p>&nbsp;<\/p>\n<p><span class=\"\">Cost management is key to the success of real estate projects. These can basically be classified into three (3):   1) materials, 2) labor, 3) machinery.    In my experience the distribution is 40% in materials, 40% in labor and 20% in machinery.  A variant is to add the cost of subcontracts, but in turn the subcontractor manages the same previous composition.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Since labor represents almost half of the costs of any project, time becomes a vital element for their proper management.  Any delay directly impacts the value of any work. For materials and machinery, the effect of time is much smaller.<\/span><\/p>\n<\/div>\n<div class=\"article-main__content\" data-test-id=\"publishing-text-block\">\n<p><span class=\"\">That said, the subcontractor has to estimate the amount of personnel and payroll they must pay.  In the event that the project is delayed due to the fault of any other supplier, the subcontractor's profitability is affected and, in turn, it may become necessary to renegotiate the price or abandon the project.  This is not measured by the promoter or owner of the project in its correct dimension, therefore, this is where most of the problems in real estate development occur. The risk of non-compliance increases with the contractor's low margin or with the \u201ctight\u201d prices. \u201cThe lowest is not always the best.\u201d<\/span><\/p>\n<\/div>\n<div class=\"article-main__content\" data-test-id=\"publishing-text-block\">\n<p><span class=\"\">Below we see the example of a contract, let's say for windows, floors or electricity, where the contractor made a fixed fixed price for $750,000 and due to issues external to him it takes 8 months instead of the 5 budgeted.  We see that its cost goes from the initial $750K to $975K.<\/span><\/p>\n<div class=\"article-main__content\" data-test-id=\"publishing-text-block\">\n<p><span class=\"\">Look at the behavior of the workmanship versus the behavior of the materials.  In that case, the contractor lost and in turn jeopardizes the activities that follow him and that depend on him, such as furniture, finishes, painting, etc.  This has a multiplier effect.  Hence the importance of choosing each contractor and subcontractor well. The speed of execution must be well evaluated according to the reality of the construction systems and our Panamanian workforce.<\/span><\/p>\n<\/div>\n<div class=\"article-main__content\" data-test-id=\"publishing-text-block\">\n<p><span class=\"\">Are\u00a0<\/span><span class=\"\"><a href=\"https:\/\/finanzase.com\/en\/\" target=\"_blank\" rel=\"noopener\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\">www.finanzase.com<\/a><\/span><span class=\"\">\u00a0with more than 30 years of experience in the area of \u200b\u200bFinance and 18 years in the real estate market.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-1846 size-full\" src=\"http:\/\/finanzase.com\/wp-content\/uploads\/2024\/10\/1713797256594.png\" alt=\"\" width=\"921\" height=\"324\" srcset=\"https:\/\/finanzase.com\/wp-content\/uploads\/2024\/10\/1713797256594.png 921w, https:\/\/finanzase.com\/wp-content\/uploads\/2024\/10\/1713797256594-300x106.png 300w, https:\/\/finanzase.com\/wp-content\/uploads\/2024\/10\/1713797256594-768x270.png 768w\" sizes=\"(max-width: 921px) 100vw, 921px\" \/><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>22 de abril de 2024 Jose C. Corcione &nbsp; El manejo de los costos es clave en el \u00e9xito de los proyectos inmobiliarios. Estos se pueden clasificar b\u00e1sicamente en tres (3):\u00a0\u00a0 1) materiales, 2) mano de obra 3) maquinaria.\u00a0\u00a0\u00a0 En mi experiencia la distribuci\u00f3n es 40% en materiales, 40% en mano de obra y 20% [&hellip;]<\/p>","protected":false},"author":1,"featured_media":1842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Costos de Construcci\u00f3n: Claves para proyectos inmobiliarios<\/title>\n<meta name=\"description\" content=\"C\u00f3mo manejar los costos de construcci\u00f3n en proyectos inmobiliarios, enfoc\u00e1ndote en materiales, mano de obra, maquinaria y el tiempo.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finanzase.com\/en\/costos-de-construccion\/\" \/>\n<meta property=\"og:locale\" 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