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So, with your schematic plan in hand, you'll be able to budget properly for the project — possibly with adjustments — or to put the project off until a later date when you can do it right.

If you are moving forward, the next step is design development and construction documents. Without a schematic plan, these often run way over the original budget because there isn't a good feel for the realities of the project, and they themselves are involved and expensive documents to create.

However, having completed a schematic plan first and budgeting to that plan, it is more likely for the construction documents to come in within 10 percent of the original budget, keeping you from falling out of your chair when you see the final estimate.

Once you have your construction documents, and you know the project is proceeding within your budget, the next step is breaking ground.

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