Updating Replacement Cost Estimates

Updating Replacement Cost Estimates A Replacement Cost Estimate should be updated at least every 5 years. It can also depend on two other factors. Firstly, if Building Costs are regularly going up, then the Replacement Cost Estimate should be reviewed more often to cover Building Cost increases. Secondly, if the Building has had any extensions Read More

Do I Need A Replacement Cost Estimate

Do I need A Replacement Cost Estimate? If you have a property that you want to insure for the full reinstatement Cost then … Yes! If you are an individual owner of property it is your choice and you alone are responsible to make sure that your property is adequately insured. If you are in Read More

Who Does Replacement Cost Estimates

Who Does Replacement Cost Estimates? Experienced Quantity Surveyors are usually the people most qualified and best suited to do a Replacement Cost Estimate. Quantity Surveyors are able to assess all the Elemental Component of the Buildings (along with any associated Structures) and are also able to calculate how much it would cost to Build similar Read More

Benefits Of A Building Risk Analysis

What are the benefits of Building Risk Analysis? The main benefit of Building Risk Analysis is that it can reduce the possibility of someone getting hurt. Reducing Risk is the most important thing that can be done on any Building Project. Taking the time to assess Risk Likelihood and Risk Consequence on potential issues, can Read More

Why Get A Building Assessment

When would I need a Building Assessment? Building Assessments are normally done at Key Stages in a Buildings life. These Key Stages could include: when a Building is about to be bought or sold; to meet Safety and Compliance Regulations; or as part of a Programmed Maintenance System. Getting a regular Building Condition Assessment done Read More

Building Assessment Benefits

What are the benefits of Building Assessments? They let you know a Buildings true Condition when purchasing; they assist in calculating Maintenance Expenditure; and ensure that Safety and Compliance Issues are up to date. A Building Condition Assessment can bring together the Maintenance Work Items that need doing, as well as costing and budgeting them Read More

Who Does Building Assessments

Who does Building Assessments? Building Assessments are done by a variety of Tradespeople and Building Professionals, including Quantity Surveyors. The Building information required and the size of the Building, would determine what sort of Building Condition Assessment needs to be done and by whom. For example, if a Building Condition Assessment is required in co-ordination Read More

What Are Building Risk Assessments

What are Building Risk Assessments? Risk is the chance of something happening that will impact on the Building and people who have a connection to it. The level of Risk is calculated by multiplying the Likelihood of the Risk occurring by the potential Consequences of the Risk occurring. Building Risk Analysis is assessing the likelihood Read More

What Is A Facility Manager

What Is A Facility Manager? A Facility Manager is the Strategic and Operational Manager, for Buildings and Facilities to make sure that they are creating safe and productive environments for their occupants. Facility Managers focus on increasing Productivity, whilst reducing Operating Costs by improving Efficiency using Best Business Practices. Facility Management mostly relates to larger Read More

Facility Management Benefits

Facility Management Benefits Facility Management brings together a wide range of Building Professions and Trades to enable Facilities to operate and function properly, in many different ways. There are a lot of benefits that can be made by using good Facility Management Principles. Having Safety and Regulation Compliance Issues addressed regularly, proactively protects the most Read More