COST PLANNING AND CONTROL

Involves setting project budgets, monitoring expenditures, and implementing strategies to manage and control costs throughout the project lifecycle, ensuring financial efficiency and adherence to the budget.

01

ADVICE ON THE TYPE OF CONTRACT

The most widely used method is the Lum Sump contract with Quantities. However owner method maybe employed depending upon the nature and size of the project and the urgency with which the project are to be under taken.

02

PREPARATION OF TENDER DOCUMENTS

We prepare all documents (except drawings) required for the purpose of tender. This includes, depending on the type of contract adopted, schedule of price, bills of quantities and all other necessary documentation.

03

COST CONTROL AND PREPARATION OF FINANCIAL STATEMENTS

We evaluated all variation and report on the impact of the probable final cost, so that the client could take corrective measure elsewhere in order to maintain the cost within the original budget.

In addition, we prepare financial statoments at regular intervals to keep the client and the whole design team informed of up-to-date financial position and the anticipated final cost.