Concept Stage
Establish the cost limit, key assumptions, risk allowances and initial project parameters.
Cost Planning Insight
Make cost part of the design process from the beginning, while scope, area and specification can still be adjusted deliberately.
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01
Design to budget establishes a cost limit early and uses regular cost checks to guide the developing design. The architect, engineers, client and Cost Consultant understand the financial framework before major decisions become difficult or expensive to reverse.
02
When pricing begins only after the design is substantially complete, an over-budget result can trigger rushed value engineering, redesign, delayed tendering and loss of important quality or functional outcomes. The team is reacting to cost rather than managing it.
03
An initial budget considers site conditions, approximate floor area, project type, quality expectations, programme, statutory requirements, risk and contingency. Assumptions are recorded so the team understands what the figure includes.
04
The cost plan should be updated as information develops. Changes in floor area, structural approach, façade, finishes, building services and procurement strategy can then be assessed before they are fully embedded in the documents.
05
Good value engineering does not simply select the cheapest option. It compares cost with required function, performance, maintenance, programme and quality so savings do not create greater problems later.
06
A design developed within an agreed cost envelope is less likely to require late redesign and is more likely to attract tender prices aligned with client expectations.
Establish the cost limit, key assumptions, risk allowances and initial project parameters.
Update the elemental cost plan and identify movement against the approved budget.
Confirm scope, specification and measured quantities before inviting contractor prices.
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