Feasibility Studies

A reliable feasibility study allows us to provide a speedy response at the early stages of a project, to assess the viability of the project requirements, and to offer alternative solutions if appropriate. This includes the assessment of social impact of investment through a monetised mechanism.

Our cost benchmarking data, together with cost modelling, can be used as a dynamic tool to review alternative design options and explore ‘what if’ scenarios to identify the most cost-effective options within the parameters of the brief.

Cost Planning & Value Management

Establishing a robust elemental cost plan will form the key cost management control document for any project. This will be prepared in conjunction with the whole project team to ensure ownership of the budget. All future changes will be managed against the signed-off cost plan. The cost plan will enable proactive cost-checking of design development, alternative cost studies, and support value engineering and risk management.

Our specialist MEP surveyors add value by providing detailed cost advice in relation to MEP Services, and where appropriate, are able to challenge designs.

RLB is at the forefront of Building Information Model (BIM) utilisation. Our bespoke cost planning ROSS5D software can interface with various BIM software packages used by designers and consultants. Cost reports can be delivered via RLB Focus, our dynamic web based data analytic dashboard reporting platform. Our specialist MEP cost managers add value by providing detailed cost advice in relation to MEP services, and where appropriate, challenge designs.

Delivering value against the project business plan is a key measure of success.

We will work with the project team, and where required, facilitate workshops in order to undertake a structured review at key project stages, to ascertain that the project is meeting the functional requirements of the brief. We advocate value engineering during the early planning and design stages where it is most effective.

Whole Life Costs and Life Cycle Costs

Our approach to Whole Life Costs and Life Cycle Costs (WLC/LCC) is one which focuses on the business needs of our clients, and delivers a service which enables our clients to make informed decisions in relation to their property assets over the long term.

We create best value sustainable operational solutions for our clients using our own dynamic web-enabled software, Total Cost Management (TCM). TCM integrates capital, energy, carbon and operation/life cycle replacement costs and is our benchmarking tool, delivering savings to our clients.

The data behind TCM has been collected from numerous sources, including industry-published data and our own internal data from previous and live projects. This can be used on projects from initial feasibility through to financial close and operation. The WLC/LCC models can be used for any concession length, from individual assets to large portfolios.