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After determining your needs and resources, Fulcrum will work with the
architectural and engineering team to develop the project design within
the limits of your budget. The designers provide input regarding the
form, function and aesthetic of the facility. Fulcrum provides cost,
availability and constructability feedback to the designers as the
design evolves.
Fulcrum Associates will identify, both internally and through the input
of major subcontractors and suppliers, value engineering alternatives
to reduce construction costs without reducing the project function.
First dollar costs are weighed against whole life cycle costs to
determine the payback period for enhanced envelope components;
mechanical/electrical systems and interior finish components. A
value analysis and constructability review will be provided to compare
proposed systems to alternate construction systems, methods and designs.
Once the design reaches 75% completion, Fulcrum will perform an
in-depth cost analysis. All work elements have a cost associated
with them -- labor costs, material costs, equipment usage, and a number
of other possibilities. These component costs form the basis for
tracking overall project cost. Fulcrum will prepare an initial Control
Estimate, which will serve as the baseline for all project expenses.
Once costs are estimated, they must be budgeted over time in order to
monitor the progress of the project against the original plan. To
accomplish this, costs are assigned to the specific activities in the
schedule and allocated for the point in time when the funds should be
expended for them.
Fulcrum Associates uses Constructw@re, the construction industry's
pre-eminent Internet portal for information, communication, and project
management solutions. Residing on a secure Internet portal, the
system has been used to manage over 14,000 projects totaling more than
$150 billion. Fulcrum’s use of Constructw@re enables online
project collaboration between owner, architect, engineer, project
manager and field supervisor.
The system manages both documents and data, creating one central
database for all project information. With the secure access to the
site, you can review procurement of materials and services, review
project budget and contracts, track project control data and documents,
and collaborate with your project team through the Internet. The
web based Constructw@re can be used by any member of the project team
including an owner, construction manager, architect, engineer, general
contractor and sub-contactor through any web enabled computer.
As a project takes shape and work begins, problems will inevitably
arise. During the planning stage, the project management team
will attempt to identify every possible contingency and make adequate
preparations.
All elements of the project are broken down into activities that can be
reasonably monitored by one responsible party. The time, budget
and resources needed to accomplish each task are calculated based on
this work breakdown structure, as well as the relationships that exist
between the tasks. When completed, this schedule should define
the earliest possible completion date and the critical tasks or the
longest path of activities through the entire project.
Proper documentation of the construction phase is essential to
demonstrate compliance with codes and ordinances as well as the project
specifications. Accurate as-built drawings will aid in future
renovation and maintenance projects. Thorough and accurate financial
records can be invaluable in negotiating favorable property and
corporate tax rate.
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