How much? The burning question on everyone’s mind. Without a doubt, the most important question for an owner and a project team.
This is the first and most important question clients ask before investing the time and money to develop a concept into a realized project. Answering it correctly forms the foundation and health of a project. Make incorrect assumptions and lack the proper due diligence at the concept phase, and you will assuredly lead to cost overruns and time delays later down the road. A project makes or breaks it here.
DP3’s uses a proactive project due diligence in pre-construction planning to provide you with conceptual project budgets that address the economic feasibility of your project from the outset.
A project idea is still just that, an idea without drawings or plans. DP3 has the experience to provide you with the necessary conceptual project budgets to help get your project off the ground. Our Rough Order of Magnitude budgets are polished enough to set accurate cost expectations from the beginning of the project, which will help avoid cost disputes in the end. Oftentimes, our initial OOM estimates are within +/- 3% of an actual final project budget. This is a significant deliverable.
DP3 develops the conceptual project budget and our services include:
• Pre-Construction planning and coordination
• Construction cost estimating
• Risk identification
• Early conceptual budget as accurate as +/-5% of final estimate
• Early quantity take-offs
• Early bid estimation
• Early contract pricing.
• Early trade and material scoping