Construction Magazine August 2018 | Page 22

WT PARTNERSHIP
22 what ’ s wanted rather than “ what ’ s nice to have ” and the removal of waste . In the process of determining value , WTP assesses what has to be there and what is discretionary for the design to balance the budget and project brief .
“ Much of the discipline of managing the budget obviously depends on the procurement system that transfers the project to the construction phase , together with the profile of the client and its risk appetite . Time is always a big issue because time is cost and therefore overall project programme has a big influence on the procurement strategy . Alternative approaches allow for transfer of construction time and cost risk at various points in the design process depending on the profile tailored to the client ’ s objectives . Once the transfer of that risk has been completed , the business of construction begins ,” says Will .
“ We ’ re also the certifier of payments made to the contractors and we deal with any change through variations , getting further involved if the contractor , for whatever reason , is unable to deliver to time and cost . Our cost forecasting to the completion of the project helps manage financial decisions and mitigate opportunities for dispute . However , should a client become engaged in difficulties on a project , then we ’ re there to help , interpret and diffuse ,” he explains .
Quantity surveying is an historically entrenched part of the construction process across
Team Building
AUGUST 2018