Key Takeaways
- Conscious quality trade-offs based on analysis outperform default cost-cutting.
- Market-calibrated quality matches comparable properties—over-improving has diminishing returns.
- Invest in visible quality (kitchens, baths, curb appeal); economize on invisible quality.
- Quality investment ROI varies by market segment—research comparables before specifying.
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Test Your Knowledge
1.What are the three competing priorities in the quality-cost-schedule triangle?
2.When is it acceptable to trade quality for schedule or cost?