Budgets can move fast during design, especially once clients start making selections.

This week, Kyle sits down with Audra Von Minden Gossage of LTD Builders to talk about the Budget Roadmap, the tool her team uses to keep clients clear on where their budget stands as design moves along. Audra shares how they account for changing selections and costs without redoing a full estimate each time, and how more planning up front has cut down change orders.

If clarity in the project budget during design is a struggle for your clients, this episode has some great ideas for your team.

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Key Takeaways

• Introduction to the budget roadmap concept
• The importance of cycle time measurement
• Managing scope changes and scope differences
• Presenting material selections without markup
• Using the budget roadmap to keep clients informed
• Reducing change order rates to below 2%
• Building trust through transparency and micro commitments
• The role of client control and decision-making

Chapters

00:00 Introduction and overview of the episode

03:50 Introduction to Audra and her business background

06:22 Challenges with scope and budget expectations

12:05 The origin of the budget roadmap concept

13:51 Explaining the budget roadmap to clients

17:44 Presenting material selections without markup

19:49 Tracking budget changes through revisions

27:36 Finalizing the project budget and client approval

30:47 Reducing change orders and maintaining profitability

33:41 Handling scope changes and client control

37:16 Wrapping up and key takeaways from the episode