Transparency and accuracy of Development Budgets
lpm continue to listen, learn and innovate. Our annual review of development budgets has commenced and our Estates and Finance Teams are currently working on producing these budgets based on the last year’s actual costs, which our new management information and accounting system can deliver very easily.
This information assists us in providing accurate budgets for our clients and allows us to track the costs that can fluctuate. For example electricity, which is market led and affected by consumption levels. Reactive repairs are difficult to predict, but by using the information collated on our management information system, we can better understand these costs and budget accordingly as a result. lpm – Doing it the right way.