Project & Development Services: Cost ManagementWhat are my cost options? Where can I generate value? What are the risks? H...
Expertise in Action                                                   Why Jones Lang LaSalle?                             ...
Upcoming SlideShare
Loading in …5

JLL - Cost Management 2012


Published on

  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

JLL - Cost Management 2012

  1. 1. Project & Development Services: Cost ManagementWhat are my cost options? Where can I generate value? What are the risks? How can I unlock opportunity?Whatever your financial interest in a property or development - as an owner, investor, developer or occupier - you want to be certain that theplanning and management of your capital expenditure is in the most secure hands. With a blend of commercial, technical and contractualexpertise, Jones Lang LaSalle is fully equipped to provide you with this support. Our rigorous cost management and procurement advice spansthe property lifecycle delivering control and value through your business planning, project delivery and post occupation activities.Our ServicesOur approach is simple – understand the client and deliver. Acrossall industry sectors, our clients expect cost efficiency, enhancedcontrol and reduced risk as standard. Our ability to adapt and applyour services to suit their business, political and cultural needs sets usapart in an increasingly diluted market.We focus on delivering value through intelligent capital planning,robust procurement, accurate reporting and controlled contractmanagement of vendors. Our consideration and appreciation of The Benefitsprogramme, product quality and commercial risk ensures that ouradvice is balanced and generates the optimum solution for our • Informed decision making and control – our detailedClients. cost analysis and pro-active commercial advice ensures investment decisions are based upon comprehensiveOur Cost Management services span the property lifecycle so the information delivered at the right time.following are only indicative of how we can help: • Optimum value and reduced cost – by understanding the Client’s fundamental business drivers around time, cost and• Feasibility Estimates quality our detailed value engineering and robust procurement• Return on Investment Analysis• Capital Expenditure Planning solutions help deliver the best product for the best price.• Cost Management Process & Procedures • Transparent risk management - our construction and property• Benchmarking and Market Testing expertise enables comprehensive identification, quantification• Spend Reduction Initiatives and mitigation of commercial risk.• Procurement & Contract Strategy• Project Budgeting & Value Engineering • Budget confidence and cost certainty – through forensic• Tendering & Contract Negotiations budget development, benchmarking and cost analysis we• Contract Administration have the ability to forecast out-turn cost and the impact of• Cashflow Analysis & Payment Management change throughout the project lifecycle.• Change Management & Price Negotiations• Financial Forecasting & Reporting • Cash savings and improved cashflow - by developing accurate• Risk Evaluation & Contingency Management budgets and implementing tight cost control procedures we• Financial Close Out can help unlock cash savings and cashflow benefits that• Whole Life Costing support business planning and growth.• Capital Allowances & Tax Relief• Expenditure Audits • Business efficiencies – by aligning our services with our• Re-instatement Valuations Clients internal procedures and reporting requirements we create process efficiencies allowing them to concentrate on their core business activities. COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.
  2. 2. Expertise in Action Why Jones Lang LaSalle? • The Cost Management team is an integral part ofAbbots House, Reading – Scottish Widows Investment Project & Development Services, a multi-disciplinaryPartnership group of over 200 project managers cost managers100,000 sqft refurbishment of occupied commercial premises and building surveyors, operating out of 16 offices throughout the UK. These resources are co-ordinated toResults solve any client need and to handle everything from theDelivered on programme and budget; BREEAM excellent; largest national portfolio to a local one-off project.increased lettable space; incorporating turnkey Cat B fit out for • Our professionally-qualified quantity surveyors includeanchor tenant. specialists in offices, retail, industrial, public sector, hotels, leisure and residential properties, who have an in-depth understanding of the clients, contractors and40 Bank Street, Canary Wharf – Shell salient issues within each sector.200,000 sqft fast track office fit out • Consistent high-quality advice and delivery, with a focus on clear communication and regular engagement, andResults with director-level leadership and input on every projectDelivered on programme and budget; LEED Gold; incorporated or programme.clients New Ways of Working; met business critical migration • Immediate access to the broader expertise and marketmilestones. knowledge of the UK and EMEA’s largest multi- disciplinary property services company, allowing clients to benefit from the seamless integration of expertise.One Tower Bridge – Berkeley Homes375 unit luxury residential developmentResultsDelivered on programme and budget; significant option analysis tomaximise sales values and achieve desired quality levels.Tower of London – City Inn (now Mint Hotels)584 bed hotel developmentResultsDelivered on programme and budget; significant option analysisto maximise units and room rates; robust procurement solutionto improve speed to market and mitigate significant logistical siterisks. Contacts Kane Wagstaff Director - P&DS T: +44 (0)20 7852 4617 M: +44 (0)7525 985118 Our Expertise - P&DS Cost Management COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.