Real-Time Cost Management
Identifying Accurate Market Costs During Design
2017 Fall Conference
Jekyll Island, Georgia
September 25, 2017 1:30-2:30pm
In an effort to avoid the wasteful value-engineering efforts that plague many projects, Flad successfully implemented and managed project costs during a recent Georgia Board of Regents project at the University of Georgia, the Center for Molecular Medicine. At GASFA, Mike Moreland, project manager and director of Flad's Atlanta office, will be joined by Melanie Ford, the university's director of construction, and Wallace Watanabe, VP division manager of Brasfield & Gorrie, for a discussion of the team's use of target value design principles to achieve this. Attendees will hear how the team created a parametric cost model and assigned estimated value to each system and discipline; participated in active, collaborative design-assist planning throughout design; coordinated underground utility placement, structural system selection, exterior building enclosure coordination and MEP planning; and captured features that could easily be amended into the project if funds permitted. Through extensive and ongoing collaboration, the team was able to fulfill the complete program requirements, strategically adding building enhancements post-GMP and maintaining an aggressive project schedule.