Get the client's budget at the onset of the project.
Divide it by two.
Use Means Cost Estimating to determine the maximum size project that can be built for half the client's budget.
Manage the design process to prevent scope creep.
When the client receives its initial GMP they will want to expand the scope. They will have money in their budget to pay for design revisions.
Charge them to make the changes.
Joila!
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Alan Burcope, AIA, MBA, LEED-AP
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Original Message:
Sent: 08-29-2024 04:38 PM
From: Andrew Craven
Subject: Value Engineering
Folks, I'm looking for reading material that talks about how architects can best manage value engineering. If anyone has any suggestions on articles, blogs, books, etcetera, please post in reply.
We frequently find ourselves in a position where, despite having a CM@R contractor price the design multiple times (and we subsequently VE the project multiple times), the final is over-budget and we are doing re-work. We've had limited success getting additional services, but for the most part, we are eating the cost of the re-work. We've discussed a few options -- revising our contracts, getting more independent estimators, even terminating clients that have unreasonable expectations.
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Andrew Craven AIA
Hanbury | Architecture Planning
Norfolk VA
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