Budget management is the most challenging aspect of renovation projects. Without detailed planning, expenses can exceed initial estimates significantly. Steps 1️⃣ Creating a needs list 2️⃣ Measurement of quantities 3️⃣ Determining material and labor costs 4️⃣ Allocating contingency funds 5️⃣ Budget monitoring and revisions A planned budget management allows you to manage the renovation process smoothly and economically.