The nature of the design process is iterative and dynamic. To be a value-added process, it demands multi-disciplinary inputs from all members of the project team. Our project planning team consists of cost estimators, mechanical engineers, value engineers, BIM specialists, safety experts, field experts, and sustainable building experts.
The foundation of our approach to estimating is detailed, timely, and accurate cost modeling and the discipline to provide value-add solutions. We are committed to working closely with design partners and have frequent communication to develop the project within budget.
Timely cost information will be provided as the design develops to keep the project in budget and support the achievement of performance and quality goals.
We will leverage historical benchmarking cost data from our projects across the country. By pulling quantitative data through a qualitative filter, the data will become incredibly useful in helping the project team achieve cost certainty at early stages in the design and set meaningful targets for target value design.
Detailed cost models will be developed by laying out systems and developing quantities, and by coordinating with and challenging the project team. This will foster design discipline and cost control during pre-construction; by knowing exactly where costs are exceeding historical averages, design choices will be better informed. This will avoid budget-busting surprises during design development and eliminate time-consuming re-draws.
This value-added feedback will optimize the schedule and construction efficiency, improving quality and value.
At the Construction Documents stage, work will be packaged into well-thought-out bid packages to reduce bid prices and expedite the project schedule.
We constantly monitor economic factors, such as labor and material cost trends, and overall inflation in order to mitigate cost risk. Cost indices are dissected and compared and recommendations made to clients based on their type of work and approach to risk management.