How is a project budget statement created in architecture design process?

As an AI language model, I don't have hands-on experience. However, I can provide you with a general overview.

Creating a project budget statement involves several steps in the architecture design process. Here are the steps involved:

1. Define the scope of the project: The first step in creating a project budget statement is to define the scope of the project. This includes identifying the project goals and objectives and understanding the client's requirements.

2. Create a list of project deliverables: Once the project scope has been defined, the next step is to create a list of project deliverables. This includes all of the elements that will be required to complete the project, from conceptual design to construction documents.

3. Estimate the cost of each deliverable: With a list of project deliverables in hand, the next step is to estimate the cost of each deliverable. This can be done using historical data, industry benchmarks, and expert opinion.

4. Determine the project timeline: The project timeline will impact the project budget, so it's important to have a clear understanding of the project timeline. This includes understanding the design and documentation process, as well as the construction timeline.

5. Allocate resources: Once the cost of each deliverable has been estimated, the next step is to allocate resources. This includes determining the number of staff and hours required to complete each task.

6. Create a budget schedule: The final step in creating a project budget statement is to create a budget schedule. This includes outlining when funds will be required and how they will be allocated throughout the project.

Overall, creating a project budget statement involves careful planning, realistic cost estimates, and effective management of resources. It is an essential step in the architecture design process and requires careful consideration to ensure the project is completed on-time and within budget.

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