Cost Planning & Negotiation 101 - ACA CPD webinars on demand

Join the ACA and our expert speakers for an introduction into the complexities of Cost Planning and Negotiation and the crucial role these sometimes overlooked skills can play for the success of your practice. Originally held 21 October 2021.

Cost planning linked to cost negotiating are key skills in the architectural armoury. It is through cost planning and negotiation that client budget expectations are met. But more importantly, cost planning negotiations are central to managing design and construction risks and achieving outcomes. Understanding this area is critical for architects at all scales, levels and experience of practice. Given that projects, form the smallest to largest, are increasingly more complex and specialised it is often difficult for practitioners to best manage project costs. Using case studies the webinar will be an ‘in discussion with’ between academic Dr. Peter Raisbeck and architect Peter Finn to provide direction in the methods, tactics and strategies involved in the process of cost planning and bring this to the attention of the profession.

In this introduction to this large topic: The two Peter’s will bring important insights and their characteristic dry humour to this important topic.

Our Speakers

Peter Finn, Architect

Peter describes himself as a ‘survivor’ of small and medium practice and has worked at partner level for 30+ years. He has considerable experience in the areas of developing project delivery through client engagement, brief and budgets, consultant management and contract administration.

In recent years Peter has delivered guest lectures at the MSD architecture school in ‘professional practice’. Peter’s experience also includes 6 years as a sessional member with Planning Panels Victoria for the state government concentrating on heritage matters, rezoning and a wind farm.

Peter is a past director of ArchiTeam having amongst other things served as director for professional indemnity Insurance including initiating a peer support program to assist architects with potential claims by working to defuse problems through finding a ‘way out’. Peter initiated and writes the ArchiTeam Datum popular monthly column for topical practice issues What could possibly go wrong?

Peter Raisbeck

Dr Peter Raisbeck is research director of the ACA. He is a senior lecturer in architectural practice and design at the Melbourne School of Design, University of Melbourne. He has had over 20 years of professional experience as an employee and contractor in architecture and project management, along with an MBA in finance (but don’t take that against him). Peter believes that cost planning knowledge aligned with assertive negotiation skills are important elements of practice.

Peter’s book Architecture as a Global System was published by Emerald in late 2019. The book brings together architectural history, theory, design and practice stratgey.

COST

Access to the recording and materials for this webinar is available for purchase on demand. One ticket is required per attendee. Once you have made your booking you will receive the recording registration link to view the webinar, along wtih presentation slides and CPD questions. Follow instructions to submit your own responses to CPD questions, view answers and for issue of a certificate of completion.

Members $25
Non-members $40

CPD

Participation in this event will deliver one formal CPD point. 

Learning Outcomes

Participants will gain an understanding of:

• Introduction to cost planning issues in architectural practice.
• The strategic importance of cost planning in architectural projects.
• When to begin cost planning and engage Quantity Surveyors.
• Key elements and tools needed to manage cost planning.
• Some of the strategies and negotiating tactics required in managing risks associated with cost.

AACA NSCA:

• 2.3   Evaluation of factors influencing and impacting on project cost.
• 2.4   Analysis of project brief in relation to clients objective budget and timeframe.
• 2.5   Attainment of approval from client of project budget and timeframe.
• 3.6   Assessment of the economic impact on the project of design strategies and options.
• 4.8  Analysis of schematic design in regard to cost planning and timeframe to comply with client and project requirements.
• 5.7   Resolution of project design to address budget and time constraints.

APBSA Core Area: Design

Please keep your receipt and completed questions for your records. A link will be provided with CPD questions to submit your own responses, check your answers and for issue of a certificate of completion.

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