Number of Active Projects
What's your average total development budget?
What are your average acquisition costs included in your average development budget?
Project Expectations (Market Averages) | Your Existing Process [BEFORE] | Improvement with Northspyre | Northspyre [AFTER] | Learn how |
Buyout overruns compared to initial budget | 5.00% | 50% | 2.50% | Click here |
Cost increases due to change orders and add services | 5.00% | 30% | 3.50% | Click here |
Schedule overruns compared to initial baseline | 25.00% | 25% | 18.75% | Click here |
Project staffing and overhead savings | 0.00% | 30% | 30.00% | Click here |
Value + Savings with Northspyre
% of Budget
Cost of Northspyre
ROI
Projected Overruns/Savings
Tell me about what you expect to happen on this project? | Your Existing Process | Improvement with Northspyre | Northspyre | Link |
Average buyout overruns compared to initial budget | 5%% | 5%% | 2.5%% | Info |
Average cost increases due to change orders and add services | 5%0 | 30%% | 3.5%% | Info |
Average schedule overruns compared to initial baseline | 25%% | 25%% | 18.75%% | Info |
Project staffing and overhead savings | 0%% | 30%% | 30%% | Info |
Project Assumptions
Northspyre Impact Details
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Existing Process
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Northspyre
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Budget Overruns due to Remaining Buyout
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Fully committed budget less Acquisition less Contingency less Interest Reserve
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Additional projected costs from change orders and additional services?
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Additional length to project from schedule overruns?
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Additional Interest Reserve Cost?
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Additional Property Taxes
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Additional General Conditions and Project Overhead Costs?
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Additional Overhead Costs of Owner Employees due to Project Schedule Extension
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Total Project Cost Overruns
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Total Contingency
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Total Project Cost Overruns Less Contingency
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Forecasted Project Cost Including Overhead and Staffing
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Based on original research compiled by Northspyre and NewtonX, commercial real estate project managers say they are spending too many hours focused on administrative tasks, relying on outdated, ...
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