Architecture / June 12, 2018 /
The relationship of quality to cost is often expressed in the saying that you get what you pay for. Cost is a critical factor in most building projects and some clients will seek a low price. Low price and maximum price competition, however, often have negative impacts on quality standards and achieving best value for money overall. In the current economic climate below cost tendering has heightened the risk of contractor insolvency and it may be difficult and expensive to obtain protection from this risk. Unrealistic and inadequate budgets often lead to projects becoming finance driven where cheaper options are preferred to better or more sustainable alternatives. Certain clients may have fixed budgets which may not be exceeded in any circumstances. In such circumstances the client will expect the quantity surveyor to maintain rigorous cost control during the project in order to deliver the project within budget. Designing to achieve such cost limits might curtail the introduction of beneficial features and or variations which may result in excessive running and maintenance costs later on.
We have all seen McMansions, they have one thing in common–they focus all of the quality on the front of the building with brick or stone or gables or arched windows. Meanwhile the sides and rear are completely devoid of character (quality) and so become bland vinyl-clad sides of a box that are truly ugly. But here is the motivator behind this: the decrease in quality allows the McMansion to increase in size. This happens in the interior, too. The volume of one big open room can seem impressive, but where are the cozy spaces for intimate conversations? Where can you get away to relax and read a book? Do you want everyone who is come for a holiday dinner to see all the dirty dishes used to prepare the meal? Is there a smart, discrete place for the powder room? At first glance, the larger home at the same price seems to be an excellent value, but there are things to consider when sacrificing other elements of a home for size. These show up in many, many ways including: Enjoyment of Your Home, Resale Value, bigger does not mean more value, Maintenance, Energy Bills