Cost plan strategy
The RIBA Plan of Work published by the RIBA in 2020 suggests in relation to the Cost Plan Strategy that:
‘The Cost Plan represents the anticipated construction cost of the building and, as such, it represents only a portion of the Project Budget. The Cost Plan used to be prepared at the end of Stage 2 or Stage 3. At the outset, the Cost Plan can be based on industry norms for similar building types adjusted to take account of market conditions, project abnormalities, Project Risks and contingencies. As design information is developed, an elemental Cost Plan is prepared. Essentially, this breaks down the cost for the building into the different Building Systems.’
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Prepare for continued materials shortages
ECA and SELECT offer assistance to members set back by delays.
The virtual learning event examines Historic Places - People Places.
National and regional transport
Getting post-pandemic infrastructure on the right track.
One of England's grandest country houses.
Designing Buildings Wiki Newsletter survey
Take just two minutes to provide your feedback.
A review of foundation earthing
An update of standards and regulations is under consideration.
Exploring the key to the adoption of this abundant energy source.
Discussing facilities management with Kevin Borg
His clients have ranged from Liberace to St Nick to world-class athletes.
These tactical structures can be permanent or temporary.
ECA supports Value Toolkit pilot
Organisation recognises milestones of the project's next phase.
Welding and metalworking businesses must manage respiratory risks.
New report explores how regulations are being put into action.
The golden thread and BS 8644-1.