Establish Project Budget and Schedule

Project Budget
ADVENTpds will work with the client and an outside cost consultant (if necessary) to formulate a detailed project budget based on preliminary program information. The budget is used to guide the remainder of the project through the four different stages of the design process (conceptual, schematic, design development, and construction documents). The project budget includes:

Hard Costs (e.g. demolition, site improvements, general construction, etc.);
Soft Costs (e.g., design fees, financing costs, legal fees, utility fees, special taxes, leasing commissions, etc.);
Furniture Fixture and Equipment Costs (FF&E);
Hard Cost Contingency (design and construction); and
Soft Cost Contingency

Project Schedule
A project schedule is also formulated, defining milestones for the design and construction activities including:

Programming
Conceptual Design
Schematic Design
Entitlements
Design Development
Construction Documents
Bidding and Negotiation

Site Work/Grading/Utilities
Phased Building Construction
Installation of Building Systems
Delivery and Receipt of Operating Supplies
Punch List & Commissioning
Furniture, Fixtures and Equipment procurement and installation

The project schedule (a detailed CPM Schedule) is constantly updated as the design evolves through each stage and other predevelopment activities are completed.

Services & Solutions

Establish Project Budget and Schedule