The biggest challenges of budgeting this classroom project is possibly missing some parts that go into one specific project. For example, flooring has multiple steps that need to be included and those prices need to be thought about when budgeting for a project. Such as the cost for floor prep (leveling and cleaning), the type of material that is used (drayage), installation (labor and clean up), and protection for the flooring, these are all things that need to thought of when budgeting for the flooring alone.
If our Total Budget Cost (TBC) was really off this would cause a huge issue with not only the design project, but also the client. The TBC is what is supposed to be done and what it is supposed to cost. With the TBC being off we would have to eat the cost of what was not specified within the budget since a cost that was not expected has come up. When something like this happens, normally there would be an amount put aside for problems such as these.
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