4. Budget, Schedule and Performance Controls

There is great value in getting instant, accurate feedback concerning a proposed change’s impact on project performance, budget and schedule: decision-making is enhanced and cycle time is reduced.

4.1. Requirements for quantification:
4.1.1. Two-way quantification: the ability either to extract quantities from the model or to change an area or length and have the model updated
4.1.2. Types of quantities
4.1.2.1. Areas (2-way updates)
4.1.2.2. BOMA area calculations
4.1.2.3. Linear take-offs (2-way updates)
4.1.2.4. Volumes (2-way updates)
4.1.2.5. Item counts
4.2. Requirements for cost estimating
4.2.1. We must be able to produce a rough cost estimate in schematic design and have that estimate automatically refined as we articulate, select and substitute throughout the design process
4.2.2. Support for the full range of cost estimating approaches
4.2.2.1. Follow the ASTM E1557 standard to permit easy reformatting of cost estimate data as the project is refined and more complete information about materials and quantities are available
4.2.2.2. Ability to calculate cost per square foot based on occupancy or use type (Useful during schematic design and design development.)
4.2.2.3. Ability to design to cost
4.2.2.4. Ability to take off quantities. Make quantity surveys "live," with automated updates whenever the model is changed
4.2.2.5. Ability to price by building system
4.2.2.6. Ability to interface easily to cost content
4.2.2.6.1. Ability to substitute materials, products or systems and immediately see the cost impact
4.2.2.6.2. Integrate with RS Means Cost Works and other sources of cost data
4.3. Requirements for schedule/ performance tracking:
4.3.1. Design phase:
4.3.1.1. Ability to track design progress
4.3.1.2. Labor hours per model/ on job – ability to apportion hours
4.3.1.3. Automatically update title blocks of user-selected drawings to reflect issue date and status

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