COST
MANAGEMENT
overview
Our cost management services for industrial and infrastructure projects are designed to provide comprehensive financial control and transparency from predevelopment to project completion. Our team consists of estimators, engineers, and risk managers, all working collaboratively to ensure that every project is delivered on budget and meets all quality standards. We integrate our cost management expertise with broader project management, allowing us to deliver true commercial management that considers all factors impacting cost and schedule.
Our approach begins with the planning phase, where we validate budget assumptions, test project feasibility, and optimize overall profitability. By engaging early, we can dramatically influence project success through detailed financial due diligence, market studies, and feasibility analyses. As the project develops, we apply continuous cost controls, conduct value engineering studies, and perform life cycle cost analysis to maintain budget integrity and meet end-user requirements.
During construction, we act on behalf of our clients, ensuring transparency and proactive issue mitigation. We facilitate contractor procurement, conduct bid reviews, manage change orders, and provide financial reporting to keep the project on track. Our commitment to trust and transparency, combined with our expertise, ensures that we deliver the greatest value to our clients throughout the entire project lifecycle.
benefits
Comprehensive Cost Management: From predevelopment to project completion.
Expertise: In quantity surveying, estimating, and risk management.
Early Engagement: For validating budgets and optimizing profitability.
Continuous Cost Control: And value engineering throughout the project.
Transparent Financial Reporting: And proactive issue mitigation.
Integrated Team Approach: For true commercial management.
Life Cycle and Sustainability Analysis: Expertise in evaluating long-term financial impacts.
Independent Guidance: Unbiased expert advice.
Customized Solutions: Tailored to unique project needs.
Proven Track Record: Delivering projects on budget and on time.
KEY ACTIVITIES
VALUE ENGINEERING
Implementing value engineering studies to identify opportunities for cost savings without compromising quality or performance. This involves analyzing alternative design and construction methods to optimize project value.
PROCUREMENT & CONTRACT MANAGEMENT
Developing and executing procurement strategies that ensure cost efficiency and project success. This includes contract packaging, pricing strategies, bid reviews, and negotiations to secure favorable terms and conditions.
FINANCIAL CONTROLS & REPORTING
Establishing robust financial control processes to monitor project expenditures and ensure alignment with the budget. Regular financial reporting, payment application reviews, and cash flow forecasting are integral to maintaining financial transparency and accountability.
CHANGE ORDER MANAGEMENT
Reviewing and managing change orders to assess their impact on the project budget. This ensures that any deviations are justified and controlled, maintaining financial stability and avoiding cost overruns.
Get in
Touch
Want to learn more about our portfolio of solutions and how we can deliver the best results for your company?