What is the purpose of the statement of probable construction costs in schematic design?

The statement of probable construction costs in the schematic design phase serves the essential purpose of providing an estimation for client budgeting. During this initial stage of the design process, it is crucial for architects to communicate the anticipated costs associated with the project based on the proposed design concepts. This helps clients understand the financial implications of their project early on, allowing them to make informed decisions about their budget and any necessary adjustments to the design.

This estimation can aid in aligning the project scope with available financial resources and can influence design choices. By doing so, the statement assists in setting realistic expectations for both the client and the design team, ensuring that the project remains viable from a financial perspective throughout the development process.