The document discusses the design flexibility factor in project management, emphasizing the importance of effective planning and design to control costs. It highlights normal and worst-case spending scenarios throughout project phases, noting that inadequate planning often leads to budget overruns. Additionally, it stresses that investing time in design can enhance property value and reduce overall construction costs.

1. DesignFlexibility FACTOR
Cost FACTOR (Normal)
COST FACTOR (WORST CASE)
DESIGN AND DEVELOPMENT PROJECT
Tender Procurement Construction
EFFECTIVeness PRINCIPLE
FLEXIBILITY VERSUS COST
This indicates the client’s freedom of choice
and ability to change during the course of a
design and development project.
This indicates normal spending over the
various phases and time periods according
to the cost plan.
This indicates spending over the various
phases and time periods exceeding the cost
plan and time schedule.
This usually occurs when not enough
time is invested in design and planning,
due to poor project management.
100%
110%
120%
130%
90%
80%
70%
60%
50%
40%
30%
20%
10%
ProjectStart
+/-1Year
+/-2Years
+/-4Years
+/-3Years
Creating property value
DISCLAIMER: THIS INFOGRAPHIC IS FOR ILLUSTRATION PURPOSES ONLY AND REFLECTS A GENERAL PRINCIPLE. THIS INFOGRAPHIC SHALL NOT BE USED FOR ANY PARTICULAR REFERENCE TO A PROJECT OR OTHER. © JEANNET 2013Jeannet.com
INVESTING TIME IN
DESIGN AND CAREFUL
PLANNING SAVES TIME
AND MONEY DURING
CONSTRUCTION