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Projects

“In the long history of humankind (and animal kind, too) those who learned to collaborate and improvise most effectively have prevailed ”

- Charles Darwin

The construction industry is fragmented. Professional advisers, agencies, constructors and users typically do not look outside of their individual interests and lose focus on key project outcomes.

Consequently, work stages and decisions are revisited both during design, procurement, construction and operational / use stages.

Our experience shows that construction projects present an aggregate of challenges that result in wasted effort, time and resource.

We believe that using a framework approach, aligned with your own business stages, from strategic vision through implementation and operation, is key to delivering a successful outcome.

Put simply, our management framework aims to provide you with the right advice, at the right time and with the team all pulling in the right direction.

Atorus delivers a portfolio of services for Clients and projects through specialist, qualified professionals, from inception through to completion and occupation / operation.

These Services Incorporate:

Project management

Cost management

Design & Development management

Value & risk management

Project management

Dream it – identify the business, user or client needs and corresponding benefits and outcomes
Define it – create a technical brief that is “prescriptive” and/or “performance’ based; innovate and define the project in its context, arrangements, handover and management; refine the masterplan
Plan it – develop the project management tools and structure required; develop an execution plan for the whole project and set the quality standards and procurement strategy for the projectDesign it / Build it – develop the concept of design for tender / negotiation documentation; analyse and evaluate bid submission, award contract(s), manage and execute the build
Use it – feedback phase; monitoring performance against KPI’s; managing payments; managing operational phase requirements; end of concession period (if appropriate)

Cost management

Pre-construction services
- Preparing feasibility studies & cost modelling
- Estimating
- Cost planning & commercial management
- Value engineering
- Risk management & calculation
- Procurement advice & assistance with tendering procedures
- Production of pre-qualification questionnaire documentation
- Preparation of tender documentation and pricing documents
- Tender analysis and agreement of the contract sum / tender negotiation

Construction services
- Commercial management & contract administration
- Interim valuations & payment assessment
- Assessing the additional costs of design variations / scope changes
- Assistance in dispute resolution

Asset capitalisation
Valuation for Insurance purposes
Undertaking project technical due diligence & fund monitoring
Building Information Modelling (BIM) execution planning and coordination

Design & Development management

Development potential
- Identifying and securing development opportunities
- Site assembly, due diligence and supporting negotiations
- Market research on demand and competing schemes
- Development option appraisal
- Masterplanning and strategic development
- Funding sources and capital (debt / equity) partners
- Outline massing / use models

Development value
- Financial appraisal / modelling
- Anticipated sales / rental values and ground rents
- Commercial yields
- Incentive provisions incl. rent-free periods, voids etc
- Grant-funding (for affordable housing)

Development costs
- Expected construction costs incl. demolition, infrastructure etc.
- Site preparation costs
- Vacant possession costs
- Planning costs
- Construction timescales, programming and phasing potential
- Any anticipated abnormal costs
- Rights of light payments / party walls / oversailing rights
- Details of expected finance rates
- Professional fees incl. Designers, PM, QS, Agents, Lawyers etc
- Site value

Development programme
- Pre-build
- Construction period
- Marketing period
- Viability cash-flow
- Income / value / capital receipt
- Costs
- Phasing (where appropriate)

Development stage requirements
- Benchmark viability proxies incl. profit on cost, profit on value, development yield, IRR etc
- Planning application details
- Sensitivity analysis

Value & risk management

Process Support
- Step 1: Identify and analyse the problem
- Step 2: Develop and test a potential solution
- Step 3: Measure how effective the test solution was and analyse whether it could be improved in any way
- Step 4: Implement the improved solution fully

Technology Support
- Step 1: Detail review and analysis of current practice
- Step 2: Identify areas for efficiency gain
- Step 3: Design new business process and technology adoption path
- Step 4: Implementation of new process and technology (Pilot)
- Step 5: Review pilot project, disseminate and integrate into strategy plan

Project Support
- Step 1: Collate information and background
- Step 2: Establish project vision, key value drivers and project objectives
- Step 3: Undertake functional analysis
- Step 4: Facilitate creative ‘optioneering’ / speculation of potential alternatives
- Step 5: Prioritise, allocate and evaluate options
- Step 6: Review Options Evaluations, undertake selection, Action plan and report

Projects