Cost exercises
The RIBA Plan of Work published by the RIBA in 2020 suggests that cost exercises are: ‘Exercises used to develop the Cost Plan and to verify that the Outline Specification for the Building Systems meets the available Project Budget.’
It proposes that the goal of cost exercises during spatial coordination (Stage 3) is to allow more detailed aspects of the design to be tested, and that design studies are a good way of developing specific aspects of building systems and determining their affordability. This process may require input from suppliers or specialist subcontractors.
It also suggests that cost exercises might result in increased costs, but that these should be balanced by a reduction in the project contingency due to greater certainty regarding detail as the project progresses.
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Government approach could undermine delivery and regeneration.
World's first mass timber data centre.
The overlooked environmental aspect of data centre development.
Introduction to radon awareness
New technical information sheet published by CIOB.
Updated supplier guide can help electrical contractors engage with NHP.
CIAT confirm the winners of the 2026 architectural technology awards.
Government launches a one stop shop for flood preparedness.
Sir Edwin Lutyens: Britain's greatest architect? Book review.
CIOB publishes free template to help assess and manage risks.
ECA's reflections on Party Conference season
Burnham wants to be confident of winning before asking for a fresh mandate.
New Chief Construction and Scientific Adviser
Sergio Cavalaro, Professor of Infrastructure Systems at Loughborough University.
Building safety levy for England
CIAT publish estimator tool for members.
Water sector faces a growing crisis that could slow the delivery of vital infrastructure.