You are the cost adviser to an owner-occupier employer developing a new offices project for the company's operations located at a site in Geelong CBD. The outline proposals are being prepared and some major decisions have to be made in the coming weeks. There are THREE SCHEMES being considered. You have been given the responsibility to make sure that the design team is aware of the total costs of the three alternatives being considered for this new project.

Describe the aim/objectives and type(s) of cost planning techniques that may be used at the following stages in the development of the office project:

Briefing

• Outline proposals

Prepare an Outline Proposal Cost (Preliminary Estimate) for the three schemes taking account of the preliminary information given above. Provide, in a report format, a recommendation for the best scheme.