Cost Management
Test the Budget Before the Design Is Locked In.
ATR prepares early cost advice to help clients test whether a development concept, acquisition or design direction is commercially realistic before significant design effort is committed.
Service Overview
Feasibility Studies
At feasibility stage, information is often limited. The assessment therefore focuses on the major cost drivers, areas, project assumptions and appropriate allowances rather than false precision. The objective is to give the client a realistic cost range and a clear basis for the next decision.
Questions Feasibility Testing Can Answer
- A site or development opportunity is being assessed.
- A client needs an early construction budget for a business case.
- Several development options need to be compared before design proceeds.
- A high-level budget needs to be established before consultant design expenditure increases.
Information Available at Early Stage
- Concept plans, site information and area schedules
- Development brief and intended quality level
- Likely structural and services requirements
- Site constraints, access and external works
- Programme and procurement assumptions
- Benchmark rates and project-specific allowances
What the Study Helps Establish
- Order-of-cost or feasibility estimate
- Clear project assumptions and exclusions
- Major cost-driver commentary
- Comparison of options where requested
- Recommended allowances for items not yet designed
Discuss This Service
Test a Project Budget
Send ATR the project stage and information currently available. We can confirm the scope and information needed for a useful first discussion.