Cost, quality and speed are the three most measured and discussed parameters of any project no matter how big or how small the assignment.
The construction process is a truly an art of combining the technical skills of joining materials, making them work together, and allowing those materials to be useful for a long period of time but also incorporating artistic craftsmanship to make it look and feel appealing.
It is customarily thought that if it is done cheap and fast then the quality will be poor or if you demand high quality and fast work then the cost will be high. See the attached graphic. As you move towards any one tip of the triangle, you are logically moving away from the other two. For instance, as you move towards “low cost” you are losing speed and quality. Staying in the “sweet spot” is thought to be the safe option. Everyone has heard the old sayings “you get what you pay for” or “cheaper is not always better” or “l am not interested in a quick and dirty job. I want it done right.” In some cases these figures of speech cannot be avoided but this model doesn’t have to be the case. Finding the right contractor for the task(s) at hand is the way to a more favorable middle ground.
Cost is strictly a function of time spent. The key to keeping labor costs down is having an experienced and conscientious team that does respectable work the first time therefore minimizing delays and rework. With experience, quality work should rarely be an issue which essentially removes it from consideration. Quality should be expected.
Experience also translates to speed. As an example, consider the easy undertaking of painting one small wall. The wall could be painted in just a few minutes by any person that simply walks up to the wall and starts painting. There will most certainly be some spills, messy edges and perhaps an uneven finish. Now think about painting the same wall, where an experienced painter does prep work by laying down a drop cloth, tapes the edges and then applies two coats of paint. This painter’s experience also allows him to apply paint at the edges in one smooth, straight motion because he has developed a steady hand over time. The reality is that the painter probably only took a few more minutes upfront than the first person but the outcome will be considerably better.
The important detail here is who the person or company is doing the work. Make sure they are qualified, experienced, staffed appropriately, fully insured and available to do the job in the manner that you want for the price that is acceptable to your project.