Professional Documents
Culture Documents
Cost Planning
Cost Planning
Post Construction
Timing of Decisions
Planning Pre-Design Design Construction
Balancing Interests
BUDGET ADVOCATES
PROGRAM ADVOCATES
DESIGN ADVOCATES
satisfaction with end results n Better value for money n Improved building quality and performance n Budget and value accountability n Improved relationships between all project participants n Design problems identified and solved earlier n Early identification of high-cost elements
that all project team members are speaking, and understand, a common language n Manage expectations. Acknowledge change is inevitable and establish contingencies and escalation in cost planning
and document a solid base of prioritized needs n Study as many feasible site and building alternatives as possible n Establish well defined, manageable project schedules n Insure the budget has the confidence and acceptance of all project team members
that all project team members are speaking, and understand, a common language n Failure in cost management is often a failure in communication rather than a failure in application
Cycle Cost v. Non-Building Cost v. Building Cost n Estimating v. Cost Management n Types and Levels of Estimates n Project Budget Chart of Accounts n Contingencies and Escalation
Cost n Estimating v. Cost Management n Types and Levels of Estimates n Project Budget Chart of Accounts n Contingencies and Escalation
Cost n Estimating v. Cost Management n Types and Levels of Estimates n Project Budget Chart of Accounts n Contingencies and Escalation
of Magnitude (Ballpark) Estimates n Cost Plan Estimates n Preliminary Estimates n Interim Detailed Estimates n Final Detailed Estimates
Based on Planning/Programming criteria. Measurement of occupancy content or gross floor areas. Priced with unit or square foot costs based on historical data Expected level of accuracy in a range of 20 25%
Plan Estimates
Based on Planning/Programming criteria. Measurement of shell/functional areas or the development of cost models. Priced with unit or square foot costs, based on historical data, in Elemental format Expected level of accuracy in a range of 15 20%
information from within the institution n Costs from similar institutions n Independent cost information services n Price books and manuals n Newsletters and magazines n Published indices n Consultants, Contractors, Suppliers / Manufacturers
Cost n Estimating v. Cost Management n Types and Levels of Estimates n Project Budget Chart of Accounts n Contingencies and Escalation
Land/Building Preparation (Non-Building Cost except as noted) Acquisition Cost Land Surveys Hazardous Materials Surveys Geotechnical Investigations Environmental Impact Historic Preservation Demolition (Building Cost) Clearing and Grubbing (Building Cost)
Administration (Non-Building Cost) Appraisal Fees Internal Staff Costs Advertising Printing Legal Fees Building Permits Builders Risk Insurance Finance Costs Construction Contingency Ground Breaking
Professional Consulting Services (Non-Building Cost except as noted) Architectural/Engineering Fees and Reimbursables Preconstruction CM Fees and Reimbursables Programming Fees Special Inspections Soil and Material Testing (Building Cost)
Construction (Building Cost) Sitework Foundations Floor System Columns Roof System Exterior Wall Exterior Glazing Interior Wall Doors Specialties Equipment Conveying Systems
Plumbing Fire Protection Heating, Ventilating & Air Conditioning Electrical General Conditions, Overhead and Profit Management Fees Design Contingency Escalation
Occupancy Costs (Non-Building Cost) Movable Fixtures, Furnishings and Equipment Artwork Relocation Cabling not included in Electrical Occupancy Permit Open House/Dedication
Cost n Estimating v. Cost Management n Types and Levels of Estimates n Project Budget Chart of Accounts n Contingencies and Escalation
18% De sign Contingenc y Cons truction Contingency De sign Conc ept Sc hematic De ve lopme nt Contract Documents Cons truction 13% 8% 3%
as many feasible site and building alternatives as possible n Establish well defined, manageable project schedules n Establish and document a solid base of prioritized needs n Insure the budget has the confidence and acceptance of all project team members
high a budget will kill a project now too low a budget will kill it later
process and product n Operational planning in Predesign n Architectural/Engineering Program n Planning alternatives - Predesign or Design? n Risk factors: Schedule and timing, planning without design, market factors
is highly focused project planning intended to improve the outcome of design and construction n Predesign follows strategic and operational planning by users and precedes design n The result of predesign is a Program that also may include conceptual planning alternatives n Predesign can typically be accomplished for 0.5% or less of the design and construction cost
A/E Program
n Problem
seeking, not problem solving n An organized process identifying prioritized space and quality needs n Different levels of detail depending on how the information is to be used n The foundation upon which concepts and analysis are based
A/E Program
Steps in systematic facilities programming n Orientation n Initial Data Collection and Analysis n Space Standards n Building Design Criteria n Preliminary Evaluation/Reconciliation n Adjacency Requirements n Final Summaries and Documentation
process and product n Operational planning in Predesign n Architectural/Engineering Program n Planning alternatives - Predesign or Design? n Risk factors: Schedule and timing, planning without design, market factors
process and product n Operational planning in Predesign n Architectural/Engineering Program n Planning alternatives - Predesign or Design? n Risk factors: Schedule and timing, planning without design, market factors
Post Construction
clear responsibilities among the owner, users and designers and require that adherence to program and budget be a team effort n Use quality control of contract documents and management of change during construction
Design within program boundaries Cost control procedures and decisions Interim detailed estimates Cost checking and feedback - value management Quality control procedures Design schedule impact on cost management Construction delivery methods Construction economics Cost Management during Construction