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Introduction
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Service Description:
The funding / appropriations budget model is developed
for a client to submit to their management as part of
the project approval process. This key area is where
the probability of financial success for a project is
determined. Accurately modeling "hard" construction
costs, "soft" project costs and Life Cycle
costs before the project is designed is one of the most
difficult things to do well and where experienced, professional
expertise is essential.
- Features:
The Program is usually made up of three models, a
project Expectations Model,
an overall Program Model
and a Cost Model:
- Construction costs are developed based on UNIFORMAT
categories:
- 01 Foundations
- 02 Substructure
- 08 Mechanical Systems
- 03 Superstructure
- 04 Exterior Closure
- 05 Roofing
- 06 Interior Construction
- 07 Conveying Systems
- 08 Mechanical Systems
- 09 Electrical Systems
- 10 Contractor's GC/OH&P
- 11 Equipment
- 12 Sitework
- P2M uses a proprietary, computer based budget
model and database that allows real time computer
simulation of:
- Changes to proposed building system materials
and quality levels (e.g., rooftop HVAC units
vs. VAV system; brick vs. concrete block exterior
wall; EPDM roof vs. built-up; etc.)
- Changes to building shape, site orientation
- Changes to space requirements and program
components
- Changes to circulation / space planning
efficiency
- Changes to workstation and space standards
- Necessary technical building performance criteria
(architectural / structural, electrical, heating,
ventilating, air conditioning requirements)
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- Effects of program or quality changes on life
cycle costs (LCC) can also be modeled.
- Project costs for non-construction items (soft
costs) are modeled:
- Design, Management and Professional Service
Fees (Architect, legal, etc)
- Site Acquisition
- Reservations (Furniture, relocation, telecommunications,
security, signage, artwork, notices, contingencies,
etc.)
- Benefits:
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- No surprises - funding appropriated by
management is based on realistic and comprehensive
cost analysis, not "rules of thumb".
- "What-if" changes to program, quality
levels or cost may be modeled "live",
and the cost effects seen immediately, without getting
into design iterations.
- Reflects local construction market conditions
and the performance criteria and standards embodied
in the project Expectations and Program Models.
- Recent Project Example:
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- NSF International
New World HQ
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Project Planning & Management, Inc
16845 Kercheval Ave.
Grosse Pointe, MI 48230
Phone: (313) 343-6050
Fax: (313) 343-5535 |
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