Architecture / June 11, 2018 / Oriane
Speedy completion is often required on commercial developments. The pressure to achieve early completion intensifies when financing and interest costs associated with acquiring the site begin to mount. Clients will seek the early appointment of a contractor in these situations to enable a fast start up on site and will favour fast track design approaches where the design is developed in parallel with site construction operations. Such approaches risk allowing insufficient time to identify or consider beneficial design options, and may, on occasion, lead to abortive working and losing time. Speedy construction on site often requires accelerated working and shift or overtime payments, more intense management presence, and the use of dependable subcontractors and suppliers, all of which add to the cost of the project. Fast track approaches rule out cost certainty and the client will become aware of the eventual cost only at an advanced stage of the project.
The issue of the cost of construction work is one that is rarely far from the minds of construction clients, design teams, constructors and, of course, quantity surveyors. The cost of constructing a building project is a primary concern for the vast majority of construction clients. Indeed one of the most common initial questions a client has is. What is it going to cost me? often followed closely by. can we do it any cheaper? Providing answers to such questions is a key objective of quantity surveyors, whose task it is to predict the likely cost of building work and to manage the evolving project design to ensure that the clients approved budget is not exceeded. This is a challenging task, which frequently involves one-off, unique, purpose made buildings, and the QS typically operates within a design team brought together specifically for that particular project.