Mastering consultant fee budgets is critical to project success as a Client-Side Project Leader, yet establishing them well in the first place can be difficult.
At project level, fee budgets influence acquisition decisions, consultant appointments, viability appraisals, design quality outcomes and the sustainability agenda. Getting it wrong can lead to delays, disputes and loss of reputation.
The QuickStart Guide to Consultant Fee Budgets for Client-Side Project Leaders provides UK professionals with an industry proven method to set and manage fee budgets with ease and confidence on-the-job across the construction and development sector.
Mastering it requires a combination of management and leadership. The right method and tools (management) will help you ask for approval as you demonstrate a strong understanding of the commercial context and its technical landscape (leadership). Written from the 'client' perspective exclusively, the Guide will help UK professionals working client-side or, those working in contractor or consultancy roles who are completing the 'client' function on behalf of another entity.
This step-by step Guide teaches you how to:
- Establish floor areas and project risks
- Set an 'initial' construction cost using square metre (Sq.M) rates
- Calculate an 'initial' budget using a 'percentage of construction cost assumption'
- Break the fees down per specialty (if you can)
- Assemble your professional team to arrive at 'actual' fees and
- Review your 'initial' budget against 'actual' returns to establish lessons learned
The Guide also includes:
- Bonus tips as you move through the lessons to support you in practice
- Assumptions to question at 'lessons learned' stage
- Catalyst events that may trigger fee budget change over the development cycle
- FREE BONUS - The ClientSideSuccess Fee Budget Template is available for download inside the Guide to help you get the work done quickly.
