Rolling Out Target Costs
4i Solutions has extensive experience of working with clients and their service delivery partners to deliver Planned Investment Programmes, ranging in value from £1m through to construction programme values of £50m per annum, typically covering kitchens, bathrooms, heating installations, rewiring and external works packages for roofing, windows, doors, structural repairs and environmental improvements.
From their own experience working for clients and contractors our Directors, Steve Welch and Nick Joslyn, have developed an approach to using Target Costs that supports both client and partners’ cost control needs, driving improved management of risk and evidencing improved value for money, whilst ensuring a consistent, no surprise, commercial position for Partners.
Bespoke Project and Programme Management Tools are developed to support delivery and often include:
- A mutually developed strategic approach
- Participative workshops
- Elemental target costs
- Schedules of inclusion
- Shared cost management & valuation tools
- Structured open book audits
- VfM delivery plans
- People and organisational development to support delivery and culture change needs
If you would like to find out more about our approach to using Target Costs, please contact our Director Steve Welch on T 07865 050836or E steve.welch@4isolutions.co.uk