Commercial Success
Increase assurance on project costs
Looking for better cost assurance on projects? To aid the assurance requirements of the estimates and cost plans we prepare, we not only benchmark at project level but also conduct elemental top-down and bottom-up benchmarking. In this way, we give greater assurance and confidence by triangulating a cost range of the various benchmark sources of elemental and total project costs.
Make accurate cost predictions
Cost benchmarking provides a detailed range of projected cost outcomes for particular design solutions, taking into account forecasts of upcoming market conditions and the experience of previous projects. Our benchmarking process brings together actual costed projects and enables your design team to model the costings of new projects against the background of similar, previously designed solutions.
Gain new insights on cost ranges
Benchmarking typically produces a range of cost outcomes for any selected design or designed entity, given the commonality of projects within the benchmark reference set of projects. This range shows not only the low, high, average and median costs, but also the spread of costs, which informs risk analysis. Our experts will make sure you gain the insights you need.
Understand cost distribution better
Benchmarking allows you to interpret how cost is distributed through the building elements for a particular type of building. For upcoming projects, this means you can make sure elements are funded appropriately and not over or underfunded. Our data and analysis will give you this assurance and enable you to make more informed decisions.
Cost Management & Quantity Surveying
INSIGHTS & PERSPECTIVES
Singapore and Regional Report
RLB Singapore and Regional Construction Market Update…
1 Min Read Time
The second half of 2023 was characterised by sticky core inflation and commodity price spikes and ...
Hong Kong Report
RLB Construction Cost Update HK Q1 2024
2 Min Read Time
According to the latest issue of RLB Construction Cost Update HK Report, it is projected that the ...
Crane Index
RLB Crane Index® Hong Kong Q4 2023
1 Min Read Time
In the fourth quarter of 2023, RLB surveyed around 227 construction sites where private building ...
RLB appoints Eric FONG as Chairman and…
1 Min Read Time
The Board of Directors of Rider Levett Bucknall Limited is pleased to announce the change in ...
Changi Airport Terminal 2 unveils stunning upgrades
2 Min Read Time
Changi Airport Terminal 2 (T2) has emerged from its renovation with a flourish, treating visitors to...
International Women’s Day 2024: RLB committed to…
2 Min Read Time
The campaign theme for International Women’s Day 2024 (IWD2024) is ‘Inspire Inclusion’. ...