Cost Management

Cost Management is a vital component of the overall project and construction management service.

Our Cost Management service complements all of our other services, but can be provided as a stand alone service. We consider Cost Management to be a vital component of a Project Manager's role to keep close control of the capital costs, the project cash flow and, for owner occupiers, the life cycle costs of the development. It is an integral part of our construction management and watching brief services.

A typical service will incorporate the following:

• Cost modelling for initial budget costs
• Cost planning for Feasibility Studies
• Financial reporting throughout the design and construction phase
• Cash flow projections
• Cost checking throughout the design process
• Preparation of tender documentation
• Management of the procurement process
• Preparation of contract documentation
• Implementation of change control procedures
• Implementation of value engineering
• Controlling the expenditure of contingency sums
• Agree the cost of variations
• Agree the final account
• Resolving the cost of any claims