Cost Planning



Cost Planning

What is involved in planning your building project? Whether you have a new build or a refurbishment project, there are several common parts of the process. Of course, first there has to be the initial design idea. This is the concept for the building construction or renovation. This has to be turned into an accurate design, which features the accurate planning details to allow constructors to make the plan a reality. Additionally, there are the planning stages of gaining permission to build, made much more easy with a high quality, accurate plan.
But what about the cost planning? Cost planning is a fundamental stage of the design and preparation cycle for a building project.
Cost planning is fundamental to a successful design. Some designers think in terms of a concept known as the “project management triangle”. Basically, this is a way of thinking about a project. It is about the relationship between three key factors in the construction of a building – cost, time and scope. The time is the period available for the build. The scope is the scale and complexity of the building project. The cost is the budget required to complete the project. Changing anyone of the factors makes changing one or both of the other factors unavoidable. For example, if the project becomes more complex in the design phase, it will require the cost and/or the timescale of the project to increase. Similarly, if the timescale is to be reduced to speed up a project, either the scope of the project needs to be simplified or the cost planning needs to allow for increased costs to allow for a larger workforce or more expensive materials, perhaps prefabricated parts.
Cost planning therefore avoids complications in the process of planning and then building. By having accurate cost planning, the whole project can be budgeted carefully and completed on time – no doubt you have heard of major projects which finish months or even years over time, far exceeding their budgets. Additionally, accurate cost planning allows good choices about the materials to be used. Knowing the precise costs means that the project owner can get the best materials available without exceeding their budget and needing to make sacrifices elsewhere.
If you are managing a new build project, or you are creating a maintenance or renovation plan for an existing building, you need John Howarth Chartered Surveyor. As an expert quantity surveyor, John Howarth can provide the expertise you need for accurate cost planning. You can have the peace of mind that comes from getting precise financial reports and accurate information, so that you can make decisions knowing the facts. John Howarth is the leading choice for cost planning so that you can be confident that you are getting value for your money.
For more information about cost planning or the other services available, use the links on the website. You can find more about John Howarth’s experience on the profile page, see a gallery of past projects, or find the link to contact John Howarth for quotes and enquiries.