1. Project & Development Services: Cost Management
What are my cost options? Where can I generate value? What are the risks? How can I unlock opportunity?
Whatever your financial interest in a property or development - as an owner, investor, developer or occupier - you want to be certain that the
planning and management of your capital expenditure is in the most secure hands. With a blend of commercial, technical and contractual
expertise, Jones Lang LaSalle is fully equipped to provide you with this support. Our rigorous cost management and procurement advice spans
the property lifecycle delivering control and value through your business planning, project delivery and post occupation activities.
Our Services
Our approach is simple – understand the client and deliver. Across
all industry sectors, our clients expect cost efficiency, enhanced
control and reduced risk as standard. Our ability to adapt and apply
our services to suit their business, political and cultural needs sets us
apart in an increasingly diluted market.
We focus on delivering value through intelligent capital planning,
robust procurement, accurate reporting and controlled contract
management of vendors. Our consideration and appreciation of The Benefits
programme, product quality and commercial risk ensures that our
advice is balanced and generates the optimum solution for our • Informed decision making and control – our detailed
Clients. cost analysis and pro-active commercial advice ensures
investment decisions are based upon comprehensive
Our Cost Management services span the property lifecycle so the information delivered at the right time.
following are only indicative of how we can help: • Optimum value and reduced cost – by understanding the
Client’s fundamental business drivers around time, cost and
• Feasibility Estimates quality our detailed value engineering and robust procurement
• Return on Investment Analysis
• Capital Expenditure Planning
solutions help deliver the best product for the best price.
• Cost Management Process & Procedures • Transparent risk management - our construction and property
• Benchmarking and Market Testing expertise enables comprehensive identification, quantification
• Spend Reduction Initiatives and mitigation of commercial risk.
• Procurement & Contract Strategy
• Project Budgeting & Value Engineering
• Budget confidence and cost certainty – through forensic
• Tendering & Contract Negotiations budget development, benchmarking and cost analysis we
• Contract Administration have the ability to forecast out-turn cost and the impact of
• Cashflow Analysis & Payment Management change throughout the project lifecycle.
• Change Management & Price Negotiations
• Financial Forecasting & Reporting
• Cash savings and improved cashflow - by developing accurate
• Risk Evaluation & Contingency Management budgets and implementing tight cost control procedures we
• Financial Close Out can help unlock cash savings and cashflow benefits that
• Whole Life Costing support business planning and growth.
• Capital Allowances & Tax Relief
• Expenditure Audits
• Business efficiencies – by aligning our services with our
• Re-instatement Valuations Clients internal procedures and reporting requirements we
create process efficiencies allowing them to concentrate on
their core business activities.
COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.

2. Expertise in Action Why Jones Lang LaSalle?
• The Cost Management team is an integral part of
Abbots House, Reading – Scottish Widows Investment Project & Development Services, a multi-disciplinary
Partnership group of over 200 project managers cost managers
100,000 sqft refurbishment of occupied commercial premises and building surveyors, operating out of 16 offices
throughout the UK. These resources are co-ordinated to
Results solve any client need and to handle everything from the
Delivered on programme and budget; BREEAM excellent; largest national portfolio to a local one-off project.
increased lettable space; incorporating turnkey Cat B fit out for • Our professionally-qualified quantity surveyors include
anchor tenant. specialists in offices, retail, industrial, public sector,
hotels, leisure and residential properties, who have an
in-depth understanding of the clients, contractors and
40 Bank Street, Canary Wharf – Shell salient issues within each sector.
200,000 sqft fast track office fit out • Consistent high-quality advice and delivery, with a focus
on clear communication and regular engagement, and
Results with director-level leadership and input on every project
Delivered on programme and budget; LEED Gold; incorporated or programme.
clients New Ways of Working; met business critical migration • Immediate access to the broader expertise and market
milestones. knowledge of the UK and EMEA’s largest multi-
disciplinary property services company, allowing clients
to benefit from the seamless integration of expertise.
One Tower Bridge – Berkeley Homes
375 unit luxury residential development
Results
Delivered on programme and budget; significant option analysis to
maximise sales values and achieve desired quality levels.
Tower of London – City Inn (now Mint Hotels)
584 bed hotel development
Results
Delivered on programme and budget; significant option analysis
to maximise units and room rates; robust procurement solution
to improve speed to market and mitigate significant logistical site
risks.
Contacts
Kane Wagstaff
Director - P&DS
T: +44 (0)20 7852 4617
M: +44 (0)7525 985118
kane.wagstaff@eu.jll.com
Our Expertise - P&DS Cost Management
www.joneslanglasalle.co.uk/costmanagement
COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.