When I was working with a technology client that needed to refurbish their home on a restricted budget, they faced a challenge: how to deliver a high-quality workplace while keeping costs under control.
I helped them reduce capex by 30% - without compromising on design or functionality. Here's how I did it:
1. Cost Modelling - I broke down the budget into functional areas (Living room, bedrooms, Kitchen, etc.), giving stakeholders a clear view of where the money was going.
2. Setting Cost Targets - I worked with the designer to
establish spending limits for each area, allowing creativity within residential guardrails.
3. Maximising Reuse - I identified materials and assets that could be reclaimed, upcycled, or repurposed to stretch the budget further.
4. Residential Controls - Once we aligned on the design, I introduced governance processes to prevent scope creep and protect the client's residential position.
The result? A residential renovation that cost 30% less than a standard residential compared against their peer group - without sacrificing quality.