Cost Planning aims not only to predict how much something will cost to build or provide, but, once design quality is set, how little it need cost. Increasingly, it is also likely to include the prediction of future costs and carbon use.
A cost plan develops through stages of refinement, from the preliminary indication of the costs of a client’s brief, to a market-tested cost plan. The market-tested cost plan is tied to designs and specifications, providing the level of certainty on which to confidently base investment decisions.
A cost plan links the design to a detailed statement of the quantum, quality and cost of the work involved in its realisation. Our process encourages dialogue with stakeholders to help them articulate their needs. This helps them understand the implications of what they are trying to achieve, and arrive at the optimum balance between different and sometimes competing objectives.
Through an emphasis on value-based thinking, and drawing on our additional value and risk management service, we are able to help clients and their teams make rational and informed decisions. These link proposed design solutions to the business objectives – which may be much wider than the functional requirements of the building.
Davis Langdon’s cost plans draw on our wealth of specialisms - including our engineering, curtain walling and sustainability teams. Data from numerous sector groups is continually captured, promoting consistency, thoroughness and accuracy in our Cost Planning.