before we count the bricks we cost plan
DESCRIPTION
A cost plan or budget is a key document in the scheme development process. The protocol has been developed as a design manual rather than outlining a rigid prescriptive format. Advising cost and associated information in a form that allows management decisions by client or others is fundamental. DBK cost planners are encouraged to approach any exercise with "client eyes" and tailor the format accordingly.TRANSCRIPT
“Before we count bricks
we cost plan”
A Cost Planning Presentation
Nick Dean
Wednesday 16th April 2014
1
DBK Cost Planning
Protocol
What should I expect from my QS ?
2
1. Product
2. Process
3. Some Examples
4. Questions
3
4
5
6
7
Offices
Birmingham
London
Manchester
Bournemouth
8
Sectors
Data / Education / Health / Hotels / Industrial
Mixed Use / Offices / Residential / Retail
Sports & Leisure / Student Accommodation
9
Services
Building Surveying / Cost Consultancy
Expert Witness / Health & Safety
Project Management / Residential Consultancy
Sustainability / Utilities
10
11
Product
12
50p each13
45p each14
Initial Questions
Why ?
Appropriate ?
Client objectives ?
Information required ?
Nature and scope of scheme understood ?
Is the QS fully briefed ?
Timescales ?
15
Questions After Cost Plan Issue
QA ?
Authorised ?
Information provided?
Client presentation?
Design team presentation?
16
Contents
Scope of Works
Objectives
17
Inflation Forecast
Document is base dated
Inflation during the estimated construction period
Deferment period from the base date
(included or excluded?)
Current market forecasts
18
19
Cost Analysis
Site Abnormals
Basebuild (Shell & Fit Out)
Tenants Requirements
External Works
Preliminaries/ OH & P/ Design Fees/ Contingencies
20
Financial Data
£ / ft2 or m2
Nett saleable area (Residential & Offices)
Gross Internal area (Industrial)
£ / bedroom (Hotel & Student Acc’n)
£ / car space
21
Schedule of Areas
Functional Data
22
Cost Basis
Exclusions
23
Risk Register
Cost & Value Engineering
Reconciliation
24
Any Questions ?
25
Process
26
27
28
The Way To Get Lost
29
The Way To Success
30
Not simply cost allowances
Design team “buy in”
Properly communicated
Conveys an obligation on design team
A Robust Cost Plan
31
Surveys / SI & GI investigations
Reports / New legislation
Specifications / Drawings / Areas
Programme / Procurement
Quotes / Client & 3rd party requirements
Monitoring
32
Latest Formal Budget
Interim reporting
Pre-tender estimates
Post tender
Cost Reporting
33
Tender returns
Evaluation
Cost Feedback
34
Any Questions ?
35
Some Examples
36
How much for an industrial shed ?
Industrial
37
38
39
40
41
How much for an office ?
Offices
42
43
44
45
46
How much for a residential scheme?
Residential
47
48
49
50
How much for a hotel bedroom?
Hotels
51
52
53
54
How much for a students bedroom?
Student Accommodation
55
56
57
58
59
60
How much for a retail unit ?
Retail
61
62
63
64
Any Questions ?
65