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Business feasibility with Kreo Design

Building’s fifth annual BIM survey shows that the number of companies taking advantage of BIM is growing. With the number of BIM design tools also on the rise, which of these are leading the way in improving the feasibility study process?

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Building feasibility studies enable you to assess the pros and cons of undertaking a project from the outset. They also offer crucial information that would prevent a company from entering blindly into risky business, or wasting large amounts of money.

Kreo takes this a step further. It allows companies to bring BIM technologies into the whole development process, from initial project assessment up to tender.

The impacts of pre-investment feasibility analysis in a market with such high levels of competition are significant. Accurate assessments help to decrease the risks associated with planning permission as well as reducing the costs of the future design and construction process. Kreo is embedded in the project development process. It improves strategy definition, without the need for consulting additional companies and experts in the construction field along the way.

How Kreo improves building feasibility studies

The basic concept of Kreo Design is centred around reducing the time and cost spent by the client or developer. It allows you to initiate building projects in a significantly shorter time – including a detailed BIM model and full specification. Kreo's machine learning means that you can skip ahead a few steps. Companies no longer need to start with help from consultants or designers. Kreo generates a variety of options for the potential build quickly and easily. This means the client can select a feasible option for the building before taking the project to the experts.

feasibility studies with and without Kreo

 

Traditionally, a feasibility study would be carried out based on general market trends and town planning conditions. Only after this does the conceptual design get carried out.

Kreo turns this traditional method on its head, integrating BIM design at the early evaluation stages and allowing much more detailed feasibility reports. It influences these crucial points of the development process:

  • Procurement route definition
  • Accurate budget assessment
  • Correct site appraisals
  • Statutory authority approval
  • Planning permission issues
  • Options appraisals

Key advantages for Developers

  • Fast and accurate building feasibility studies based on the actual building model
  • Fast and easy design iteration process
  • Timely risk assessment
  • Order of magnitude reduction in time-to-market
  • Introduction of BIM early in the development process
  • Cost and time optimisation
  • Highly developed design brief as a BIM model
  • Clear task distribution within the development process

Kreo can be introduced at various stages of the project lifecycle, depending on the customer’s role in the development process. In the earliest stages of development, Kreo helps to create an accurate definition of the core objectives and briefing. During the design process it accelerates detailed BIM modelling and improves design flexibility. If that weren't enough, the early inclusion of BIM allows for more assessment of environmental impact and sustainable development.

Request a free demonstration or trial of Kreo Design today to see how it could work for you.

REQUEST DEMO

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