Contact

Get in touch with us to learn more about how we can add value to your next project.
(02) 7264 0222
info@valquest.com.au
Level 8/95 Pitt St,
Sydney NSW 2000
STAGE GATE

The Stage Gate Process is a rigorous, disciplined governance regime implemented by Valquest. Tailored and utilised for each project, it defines the clear tasks to progress through each stage, and importantly, implements a gate process whereby clients can review the outcomes of each stage and approve transition to the next.

RESIDENTIAL • COMMERCIAL • WORKPLACE
RESIDENTIAL • COMMERCIAL • WORKPLACE

Residential

  • Stage 01

    Development Opportunity

    • Site Assessment
    • Market Research
    • Preliminary Feasibility
    • Establish Return Targets

    Gate 01

    Investor Opportunity Approval

  • Stage 02

    Feasibility & Acquisition

    • Develop Sales & Marketing Benchmarks
    • Planning Due Diligence
    • Buildability Assessment
    • Develop Financing Strategy
    • Finalise Concept Design & Yields
    • Finalise Feasibility

    Gate 02

    Investor Acquisition Approval

  • Stage 03

    Concept Design

    • Finalise Investor, JV or Syndicate
    • Finalise Debt/Equity & Confirm Finance
    • Finalise Site Purchase
    • Prepare Budgets & Engage Design Team
    • Finalise Sales & Marketing Strategy
    • Finalise Concept Design & Cost Plan

    Gate 03

    Investor Approval for DA

  • Stage 04

    Statutory Planning

    • DA Documentation
    • Pre DA Meeting
    • Pre DA Feasibility Assessment
    • Value Management Workshop
    • Update Marketing Product Mix
    • Achieve DA Consent

    Gate 04

    Investor Approval for DD & Launch

  • Stage 05

    Design Development & Marketing

    • Launch Sales & Marketing
    • Design Brief to 80%
    • Commence D&C Contract & Request for Tender
    • Review Tenders
    • Finalise Construction Financing Plan
    • Complete Sales to Achieve Commitments

    Gate 05

    Investor Approval to Engage Contractor

  • Stage 06

    Construction

    • Agree & Execute Head Contract
    • Finalise Sales
    • Investor Reporting
    • Sales Settlement Planning
    • Complete construction

    Gate 06

    Investor Meeting

  • Stage 07

    Completion & Sales

    • Sale of any unsold stock
    • Sales Settlement
    • Defect Rectification & Warranty Management
    • Complete Defect Liability Period
    • Customer Feedback
    • Report on Returns

    Gate 07

    Investor Meeting

  • Stage 08

    Project Finalisation

    • Issue Head Contract Final Certificate
    • Release Contractor Security
    • Finalise All Development Finances and Accounts
    • Project Close

Commercial

  • Stage 01

    Owner/Fund Manager Acquisition

    • Develop Due Diligence Checklist
    • Engage Consultants for Technical & Planning Due Diligence
    • Review Potential Site Alternatives
    • Prepare Feasibility
    • Develop Negotiation Strategy
    • Obtain Independent Valuation
    • Prepare Option Documentation

    Gate 01

    Fund Approval of Option Execution

  • Stage 02

    Concept Design

    • Engage Concept Design Team
    • Engage Planning Consultant
    • Design for Maximum Permissible GFA/NLA
    • Finalise Concept Design
    • Finalise Concept Cost Plan
    • Update Project Feasibility

    Gate 02

    Concept Design Approval

  • Stage 03

    Market Lease of Property

    • Identify Potential Tenants
    • Commence Negotiation with Tenants
    • Prepare & Submit Offer to Tenant
    • Prepare Heads of Agreement (Non-Binding)
    • Conclude Lease Negotiation
    • Prepare Final Agreement for Lease

    Gate 03

    Approval of Agreement for Lease/Option Settlement

  • Stage 04

    Option Settlement​ & Authority Approvals

    • Settle Option with Vendor
    • Design for Development Approval
    • Issue Tenancy Design/Fit Out Guidelines
    • Determine Fit Out Strategy (Integrated or Non)
    • Pre DA Cost Plan / Feasibility Update

    Gate 04

    Approval of Agreement for Lease

  • Stage 05

    Three Stage GMP & Design Development

    • Receive Development Approval
    • Develop Architectural Schematic Design
    • Develop Multi Services Schematic Design
    • Finalise Interior Design Package
    • Finalise Principal Project Requirements Document
    • Determine Early Contractor Involvement (ECI) Tenderers
    • Develop Three Phase GMP Package

    Gate 05

    Approval to Engage ECI Tenderer

  • Stage 06

    Early Contract Involvement Stage

    • Contractor Development of Design
    • Client Management of Conformance to Brief
    • Design of Trade Packages
    • Quantity Surveyor Review of Trade Packages
    • Contractor Compilation of Guaranteed Maximum Price Offer
    • Quantity Surveyor Review of GMP
    • Client Review of GMP or Decision to Re-Tender

    Gate 06

    Approval to Engage Contractor or Re-Tender

  • Stage 07

    Construction

    • Execute Head Contract
    • Integrate Lessee Fit Out, or
    • Hand Over Base Building Elements
    • Finalise Construction
    • Manage Defects

    Gate 07

    End of DLP Meeting

  • Stage 08

    Project Finalisation

    • Stakeholder Review
    • Finalise Project Accounts

Workplace

  • Stage 01

    Determine Workplace Strategy

    • Define Workplace Spatial Requirements
    • Undertake Head Count + Future Expansion / Reduction
    • Determine Budgeted Cost per Square Metre (Lease Space)
    • Establish Corporate Steering Committee
    • Develop Leasing Information Memorandum
    • Corporate Finance Input
    • Finalise Business Case

    Gate 01

    Workplace Strategy Approval

  • Stage 02

    Secure Office Space

    • Commence Search for Space
    • Shortlist Suitable Options
    • Undertake Office Space Technical Due Diligence
    • Undertake High Level Test Fit
    • Negotiate Terms of Heads of Agreement (HOA)
    • Negotiate Terms of Agreement for Lease (AFL)
    • Recommend Selected Space to Steering Committee

    Gate 02

    Corporate Approval for Lease

  • Stage 03

    Briefing

    • Engage Design Consultant
    • Design Planning
    • IT Strategic Planning
    • Change Management & Strategic Communications
    • Leadership Interviews & Workshops
    • Staff & Observational Surveys
    • Focus Groups & Service Line Interviews
    • Finalise Functional Design Brief

    Gate 03

    Corporate Approval of Functional Design Brief

  • Stage 04

    Concept Design

    • Space Planning & Test Fitting
    • Develop Look, Feel, Mood and Image
    • Develop Concept Plan
    • Develop Concept Furniture Plan
    • Develop Concept Cost Plan

    Gate 04

    Corporate Approval of Concept Plan

  • Stage 05

    Design Development

    • Develop Records Management & Storage Strategy
    • Develop Interior Design Package
    • Develop Services Design Package
    • Review BCA/DDA Compliance
    • Finalise CDC / DA Package
    • Finalise Head Contract Tender Package

    Gate 05

    Corporate Approval - CDC & Construction

  • Stage 06

    Construction

    • Finalise CDC Approval
    • Agree and Execute Head Contract
    • Finalise Move Management & Relocation
    • Finalise IT Implementation
    • Receive Furniture for Fit Out
    • Continue Change Management & Communications
    • Construction Handover and Staged Relocation

    Gate 06

    Handover Office Space

  • Stage 07

    Transition

    • Post Fit Out Monitoring
    • IT Maintenance
    • Defect Rectification

    Gate 07

    End of DLP Meeting

  • Stage 08

    Project Finalisation

    • Stakeholder Review
    • Finalise Project Accounts
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© VALQUEST 2020 ALL RIGHTS RESERVED PRIVACY POLICYDISCLAIMER
BRAND & WEBSITE BY CREADES

© VALQUEST 2020 ALL RIGHTS RESERVED PRIVACY POLICYDISCLAIMER
BRAND & WEBSITE BY CREADES