Session Title: Cost Control for Architects: Leading the Process
Educational Track: Practice
Session Code: SA0319
Date: Saturday, October 19, 2019
Time: 9:30 AM – 11:00 AM
LU/HSW: 1.5 LUs/HSW
Leading an effective cost control process for your projects preserves what we most value – excellent design and respect for the Architect! This program will review the many aspects of cost control for Architects through the lens of leadership. Architects can find themselves in many difficult places if they are unable to adequately discuss how to create a budget, track it and ultimately meet the client’s needs and expectations. The presenter will share his experience on the topic including over 30 years of meeting client’s budgets and successfully leading the process alongside (or in spite of) construction managers and highly demanding clients.
Learning Objectives: By the end of this session, participants will be able to:
- Explain why leading the process of cost control will preserve their leadership role in the mind of the client and the intent of their design,
- Learn the techniques behind both developing realistic budgets and estimating actual costs,
- Explain the cost control process with your client to manage expectations and risks,
- Use appropriate documentation at each stage of the project to contractors and estimators to facilitate the process of generating realistic cost estimates and bids.