Construction Magazine August 2018 | Page 21

ASIA
Ningbo Shangri – La Hotel , China
completion being World Trade Centre 3 in Jakarta for PT Jakarta Land , a company jointly owned by CCM and Hongkong Land .
“ Another client we do a lot of repeat order work for in SEA is Lendlease which has been in Singapore since the early 1970s . We ’ ve been fortunate to be involved with their more recent SEA development work and we ’ re currently working on both their Paya Lebar Quarter project in Singapore and their Tun Razak Exchange Lifestyle Quarter project in Kuala Lumpur ; the latter being delivered in joint venture with TRX City , a wholly owned subsidiary of the Malaysian Ministry of Finance .
“ In an ideal sense , we get involved right from the outset ,” he explains . “ Setting the construction budget through collaboration with the client and , where available , with input from the principal design team members . We will then be employed to continuously advise , monitor and update , providing forward forecasting to enable decisions that deliver the completed project to budget . Assuming the budget for capital expenditure is correctly established and informs the feasibility for the project , and assuming revenue projections are met , then delivering to , or within , that capital budget means the project returns for the client will be met or even enhanced . We provide an early warning system for issues that are either likely to compromise the budget or may provide value-added opportunities , meaning the earlier you capture it , the easier it is to plan for how and when that issue is to be managed .” When commissioned to do so , WTP provides and facilitates formal value engineering , or value management workshops early in the design process to help establish the real aspirations and requirements of a project . Focus is set upon
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