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Bills Quote by Margo Kaufman

“... trying to control construction costs is like trying to control the cost of a hospital stay. You may not realize that when you sneeze and the nurse hands you a box of tissues, it generates a $5 charge on your bill. But you still have to pay.” quote by Margo Kaufman
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“... trying to control construction costs is like trying to control the cost of a hospital stay. You may not realize that when you sneeze and the nurse hands you a box of tissues, it generates a $5 charge on your bill. But you still have to pay.”

Margo Kaufman

About This Quote

Source Speech: Business Conference, 2015

Attempting to control construction costs is as futile as trying to control unpredictable medical expenses; small hidden fees add up.

In simple terms: Controlling costs is hard because unexpected charges appear.

Key Takeaway

Expect hidden costs and plan buffers.

Themes

budgeting construction risk management

Mood

cautious realistic

Type

advisory practical

When to use this quote

  • project planning
  • contract negotiations
  • cash flow management

Key Concepts

cost control unforeseen expenses

Questions to Reflect On

  • How can you identify hidden cost drivers early?
  • What buffers can protect your budget?
A Different Perspective

Costs can be mitigated but not eliminated entirely.

3.8 out of 5 (8 ratings)

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