Our Services Include, but Are Not Limited To:
For Clients and Consultant Organizations
-
Estimating and cost planning
-
Cost checking and pre-tender estimates
-
Tender analysis and value engineering
-
Regular cost control reports during construction
-
Final accounts and performance feedback
For Contracting Firms
-
Establishing project-specific cost control procedures
-
Implementing cost control activities and tracking performance
-
Providing qualified cost controllers or quantity surveyors for continuous monitoring and reporting
Why Cost Control
Cost Control is a critical component in the successful execution of any construction project. It is not just a standalone function, but an integral part of the overall project management framework. Effective cost control begins at the planning stage and extends throughout the entire project life cycle.
Rather than being a single action, cost control involves a combination of systems, procedures, and tools applied across commercial, contractual, and operational areas of a project. These mechanisms work collectively to ensure projects are delivered within budget, on time, and to the expected quality standards.
Commercial & Contractual Cost Control Tools
Cost planning and estimation (e.g., tender offers)
Cost analysis (post-tender)
Budgeting and development of post-tender estimates
Resource procurement planning (labour, materials, plant & equipment, subcontractors, preliminaries)
Contract administration systems and policies
Financial and payment systems
Operational Cost Control Tools
Site records and actual progress documentation
Progress updates and physical work measurement
Monthly progress and cost reports
Labour monitoring (tracking labour hours against physical work activities)
Planning & Project Management Tools
Baseline programs and look-ahead schedules
Program updates and mitigation strategies
Time impact analysis for variations and claims