Construction cost management is an important aspect of any construction project.
Project budgeting is one of the stages of pre-investment analysis. At this stage, the project costs are estimated and funding sources are planned.
- Optimization of design solutions
- Development of estimates
- Collection and harmonization of data of various levels of detail (type of work, local estimate, cost item, title, object, project, program, portfolio)
- Preparation of plans for the implementation of the CIW (construction and installation works)
- and commissioning of the facility
- Preparation of a financing plan
Investment stage
At the investment stage, ST Project Management FZ-LLS helps to monitor the execution of the budget and construction deadlines, as well as analyze deviations from the plan and predict future results.
- Control of compliance of actual and contractual prices/volumes of work performed
- Control of the optimality of the applied prices
- Forecasting the cost of completion of construction
- Price appreciation control