A Cost Managing Tool
Intended users
- Real Estate Developers: To estimate and optimize project budgets and costs.
- Construction Company Budget Managers: To manage and forecast construction expenses.
- Land Owners: To evaluate the financial feasibility of potential development projects.
Need you’re trying to provide a solution or support for
At the stage of developing a new property, it is crucial for the developer to have a clear mind of their budget and cost, which is known as “Pro Forma”. At the same time, with the modern design skills, the buildings have made the transformation from regular, such as rectangular or square, to fancy geometry, like apple campus. Therefore, it is hard to determine the operational, construction and overhead cost. This tool is aiming to help the designer to have a first-stage impression of how there design gonna impact the budget spending.
Inputs
Geometry design parameters
Underlying logic of the model you’ll implement
The underlying logic is easy, but will be time consuming for manual calculation, especially if you are going to tune the parameters of the building (height, twist, etc..).
Unit Cost * Amount of material apply+operation cost per sf(including utility, maintenance, etc)* floor area=total cost
rent per sf+solar energy recovery=revenue
use this logic to generate the cash flow of the project
Outputs
Construction cost per sf
solar energy obtained(stands for sustainability)
Net operational cost
Sales Revenue with a given cap rate