The Fee Allocation page is relevant to Architects, Engineers and Quantity Surveyors and the Estimates page is relevant to the Consultants market sector for project budgeting.
The table below provides different scenarios and advises on the most suitable budgeting type to use.
|
Scenario |
Use Budget Type |
|
I already have a project budget fee and need to identify budget costs available based on a target profit margin. |
Resource calculations - Top down Non-Rec. calculations - Top down |
|
I already have a project budget fee and need to identify expected profit margin based on calculated budget costs. |
Resource calculations - Top down Non-Rec. calculations - Top down |
|
I already have a resource budget fee but need to calculate my non-recoverable fee element based on anticipated costs in order to set the overall project fee. |
Resource calculations - Top down Non-Rec. calculations - Bottom up |
|
I need to calculate my project fees based on budgeted costs and target profit margin. |
Resource calculations - Bottom up Non-Rec. calculations - Bottom up |
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