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Re: Meeting

By VoR30/1 11:32Tue Jan 30 11:32:11 2024In response to Re: Meeting

Views: 1211

Construction is different VS.

Value Engineering is a key component & there are always unexpected exceptional costs that have to accounted for in the process.

With a new Stadium build, there will be many different Consultees in the process but all of this can be financially modelled from Local Authority Planning, Pre-Construction, Construction, Post-Construction & on into the future involving Phased Development.

The key tool is being able to produce a Development Programme, which can be priced, generating the S-Curve.

Any change/revision to the Development Programme subsequently generates an updated S-Curve, so you can keep on top of the financial modelling.

With the progressive development of the Development Programme, it generates numerous Operations/Activities, that can run into hundreds of items, the more detail you generate & every activity can be priced.

You can financially model a Construction S-Curve over 20 or 30 years if you want to & it can immediately be updated on any given day for any given situation/occurence, most importantly to update/define the critical path.

It can be used to support funding applications to the Banks etc.

Edited by VoR at 11:32:39 on 30th January 2024

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