Design Economics and Cost Planning Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Can you give me a brief overview of how RIBA and NRM inform design development and costing through the stages up to Stage 4?

A

Structured framework for project stages.
Detailed measurement methodologies.
Guides architects and quantity surveyors.
Refines designs and estimates costs.
Ensures alignment with objectives and quality standards.
Facilitates efficient project delivery.

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2
Q

Why might costs need adjusting?

A

Design stage adjustments to costs.
Changes in project scope considered.
Ensures budget aligns with project requirements.
Accounts for design refinements.

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3
Q

Can you give me some examples of
i) ‘designing out?
ii) changing spec?
III) reducing risk??

A

Design simplification lowers construction costs.
Material substitutions maintain quality while reducing expenses.
Risk mitigation strategies minimize delays and issues.

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4
Q

Briefly, what the difference between value management and value engineering?

A

Value management optimizes project value based on client needs [at the start of the project]
Value engineering cuts costs without compromising quality.

Both methods aim to maximize client value.

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5
Q

How do you obtain costs from the BCIS?

A

Ref other flashcard

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6
Q

What is a cost model?

A

Ref other flashcard

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7
Q

What ‘special considerations of site’ might there be?

A

Such as terrain, soil conditions, utilities, environmental factors, and any site-specific requirements or regulations that may impact construction methods, costs, and project scheduling.

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8
Q

How do you make adjustments for ‘market conditions and economic factors’ within your estimate?

A

Analyzing trends, forecasts, and indicators like inflation and labor costs.
Adjustments ensure estimates align with current economic conditions.

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9
Q

How did you use the BCIS cost models to obtain costs for the estimate? (Firemen’s)

A

BCIS database contains pricing info for building elements, materials, labor.
Estimates adjusted for location, complexity, market conditions.
Cost models use project parameters for estimates.
Reliability for budgeting and cost planning.

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10
Q

What value engineering exercise was taken and how did you advise keeping the estimated costs within budget? (Hubs)

A

Omitted managerial areas from contract.
Corridor works: cleaning instead of renewing.
Approx. £30k cost saving.
Advised client on estimated savings.

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11
Q

What was the money saved as a result of not needing to replace the roof? (Firemen’s)

A

£140k roof; £30k top hat

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12
Q

How did you discuss with the design team following this saving? (Firemen’s)

A

Ongoing discussion with design team.
Original Cost Estimate (OCE): £900k (Preparation and Brief) reduced to £750k (Spatial Coordination).
Iterative process: updated costs based on survey reports.
Reconfiguration of loft spaces: abandoned rooms refurbished.
Upgrading quality of works: intercom system, landscaping.

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13
Q

How was it determined the money saved could be reallocated to other elements? (Firemen’s)

A

I would update costs based on the survey information (eg omit roof replacement) which informed the design team what other works could be included to stay within budget:
Updating costs based on survey info.
Reconfiguration of loft spaces: refurbishing abandoned rooms.
Upgrading quality of works: intercom system.
Landscaping: removing and planting vegetation.

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14
Q

How was ventilation and fire compartmentation improved? (Firemen’s)

A

Fire-resistant materials like treated timber and plasterboard, fire barriers, partitions, sealed penetrations, restricted access, fire stopping, and controlled ventilation.

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15
Q

What does reconfiguration of existing loft spaces mean, and what was involved? (Firemen’s)

A

Abandoned rooms existing in the loft area which were in very poor condition and were proposed to be replaced with new internal walls, ceilings, flooring, M&E, to become usable space again (1 person occupancy).

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16
Q

What considerations were available for upgrading the quality of works and specifications? (Firemen’s)

A

Upgrading quality of works - new intercom system…..; landscaping - removing existing plants/trees, planting of new shrubs, tress, etc

17
Q

What items did you advise you felt could be omitted or alternative solutions used? (BM)

A

Back of house area redecorations rather than replacement; kitchenette areas was upgraded not replaced; side windows were renovated rather than replaced; UFH cleaned and flushed rather than replaced (Survey Report £25k full replace); omissions also made; replacement of all external paving;

18
Q

What items did you advise you felt could be omitted or alternative solutions used? (BM)

A

Back of house area redecorations rather than replacement; kitchenette areas was upgraded not replaced; side windows were renovated rather than replaced; UFH cleaned and flushed rather than replaced (Survey Report £25k full replace); omissions also made; replacement of all external paving;

19
Q

Why did you think they could be omitted/changed - what did you base this on? (BM)

A

Reported costs and proposed a meeting.
Agreed to align works with budget.
Marked pricing document with urgency levels.
Created cost matrix with alternatives and potential costs.

20
Q

How did you know what the key priorities of the project were and how did you know the VE changes would maintain these? (BM)

A

Through discussions with the design team and the client, and the ‘urgency’ levels mentioned in other flashcard

21
Q

Were they still the winning tenderer - were the others considered? (BM)

A

No qualitative scoring on this tender; original was lowest cost; making the adjustments still resulting in the tenderer being the lowest price (process of ‘normalisation’).