Building investment cycle is a structured sequence of activities leading from conception and preliminary analyses, through design, site preparation, execution of construction works to final acceptance and subsequent operation of the facility. It includes administrative, technical and execution stages.
The whole process takes into account work schedule, cost estimate, risk analysis and coordinating the involvement of designers, contractors and suppliers. This cycle makes it possible to control the compliance of the construction with documentation, deadlines and regulations, as well as to predict the impact of individual decisions on subsequent stages.
In the case of prefabricated houses investment cycle of the building is significantly shortened, while predictability is increased. This is because much of the construction work takes place under factory conditions. This minimises the risk of delays and execution errors on site.
