- GLOBAL PROJECT SERVICES -
COST MANAGEMENT
- Our focus is...
the management of cost related activities achieved by collecting, analyzing, evaluating, and reporting cost information used for budgeting, estimating, forecasting, and monitoring costs. We strive to have an End to end reporting & controlling process to enable our clients to have financial and schedule status. - Resource Planning
Part of the initiation stage of a project, we will develop with our client a resource & activity planning based on a work breakdown structure —representing all project deliverables and the work required to complete them. We will calculate the full cost of resources needed to complete a project successfully. - Cost Estimating
We can provide cost estimating support from conceptual to execution stages and develop the cost estimate in conjunction with our client’s expectations We use a variety of estimating techniques to determine the total cost of completing a project. ranging from conceptual techniques that draw mainly from historical experience and expert judgment to determinative techniques that estimate costs on a component-by-component basis. - Our estimator
can create the most accurate estimate possible, if our clients have reasonably finalized a project’s scope and deliverables. - Cost Budgeting
We will set-up the cost reporting structure which will allow our clients to be able to review their current budget, changes, risks, forecast and provide a view of where the trend in cost is moving to enable our clients to take decisions - Cost Control
We will build structure in controlling to support our clients, by providing project control plans which will support the project management team as part of their project execution plan. Also by maintain clear risk registers our team collects the information to changes in a project, cost & reasons.
FACTS
- How and where money is invested will greatly influence the outcome of any project. Our approach to cost management prioritizes the delivery of an efficient and sustainable development which maximizes our client’s return on investment. To deliver optimum value, functionality must be measured against cost. The viability of every development needs to be evaluated by weighing costs against function, completed value, aesthetics, quality, and time.
- Once our team of quantity surveyors have completed this and a budget is agreed, our cost management services ensure that all subsequent changes are proactively managed so that clients can make well-informed decisions prior to implementation. In this way, we deliver the most efficient use of capital and resources to meet targets on or under budget, as well as on time.
- Ultimately, we are committed to the delivery of independent cost management advice, delivered by our highly-skilled experts.
TYPE OF SERVICE OFFERING
Contract
Analysis
Effective contract analysis that ensures compliance with specification, value for money, managed risks, and client satisfaction.
Contract Analysis
Effective contract analysis that ensures compliance with specification, value for money, managed risks, and client satisfaction.
Bid
Management
Appraising multiple tenders by identifying their similarities and differences and evaluating them accordingly. Managing the best outcome for an organization through every stage of the bidding process.
Bid Management
Appraising multiple tenders by identifying their similarities and differences and evaluating them accordingly. Managing the best outcome for an organization through every stage of the bidding process.
Procurement
Strategies
Identifying the most appropriate procurement and contracting strategies to minimize risk to time, cost, and quality.
Procurement Strategies (Cost Management)
Identifying the most appropriate procurement and contracting strategies to minimize risk to time, cost, and quality.
Cost
Advice
Evaluating the project budget and exploring viable development options to get the most out of the building's potential.
Cost Advice
Evaluating the project budget and exploring viable development options to get the most out of the building's potential.
Cost
Lifecycle
Providing detailed appraisals of the initial construction, operation, and maintenance costs over the project's lifecycle.
Cost Lifecycle
Providing detailed appraisals of the initial construction, operation, and maintenance costs over the project's lifecycle.
Mechanical &
Electrical Costs
Providing cost management and advice on service installations across all sectors, including renewable energy, low carbon emissions, and sustainability.
Mechanical & Electrical Costs
Providing cost management and advice on service installations across all sectors, including renewable energy, low carbon emissions, and sustainability.
Risk
Management
Preparing against certain risks and evaluating the possible impact they may have on a project in terms of financial or schedule over-runs.
Risk Management (Cost Management)
Preparing against certain risks and evaluating the possible impact they may have on a project in terms of financial or schedule over-runs.
Schedule
Management
Providing an initial project overview timeline, developing a detailed work breakdown structure, and identifying schedule controls.
Schedule Management (Cost Management)
Providing an initial project overview timeline, developing a detailed work breakdown structure, and identifying schedule controls.
Change
Management
Implementing change management procedures that ensure well-informed decisions, facilitating effective financial management.
Change Management (Cost Management)
Implementing change management procedures that ensure well-informed decisions, facilitating effective financial management.
Cost
Control
Implementing controls on cost planning, estimating, tendering, and post contract, for a positive impact on project delivery.
Cost Control (Cost Management)
Implementing controls on cost planning, estimating, tendering, and post contract, for a positive impact on project delivery.