Last edited 07 Jun 2021

Main author

BSRIA Institute / association Website

Stage 2 cost plan

BG 78/2021, Project Information Process, written by Nick Blake and John Sands, and published by BSRIA in January 2021, states in relation to a stage 2 cost plan: ‘A cost plan captures the costs of a project and is the outcome from a management process which seeks to determine and control the cost of a project. It does this by helping the client decide how it wants to allocate the budget to the various parts of the project. It is used as a way of controlling the estimated costs during the design and construction phases of a project, and so cost plans are living documents which must be managed throughout the life of the project. The Stage 2 cost plan reflects the design prepared at this stage.’

--BSRIA

[edit] Related articles on Designing Buildings Wiki

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again
"