Cost Management

Cost management include the evaluation of alternative design against the client’s value criteria for function, quality and durability. The evaluation techniques enable the design team to optimise the design to fit within the client’s budget.

Our core services of cost management include:

  • Initial budget estimating to assess the feasibility of design proposals;
  • Comparative cost advice on alternative designs, materials, systems, and methods,
  • Detailed cost planning and monitoring to ensure that designs are developed within the approved budget,
  • Value engineering of design options to maximize value for money. Advice on appropriate contract packaging, tendering procedures, and procurement options.
  • Management of the selected procurement route,
  • Tender documentation and management to select a suitable contractor(s),
  • Financial post-contract management including progress payment valuations, variation cost management, cost reporting, and finalization of accounts.

Our cost research team collates up-to-date knowledge and information to form an unrivaled database of market intelligence. We then use this to advise tenants, occupiers, and building owners on several important areas including:

  • Elemental cost of fit-out works,
  • Cost Analysis of functional areas,
  • Comparative cost advice on alternative materials, systems, and methods,
  • Key fit-out cost drivers and design issues,
  • Programme / build-out rates,
  • Procurement advice,
  • Contractor / Trade Contractor database,
  • Civil Engineering Works.