OUR EXPERTISE

 Benchmarking compares cost estimates of a project with similar projects from the past. It identifies cost-saving opportunities and adjusts cost estimates to improve accuracy and provide insights for project managers. 

 Bid analysis evaluates bids to determine the best value for a project. It includes evaluating bid documents, compliance checks, cost analysis, technical evaluation, risk assessment, and value for money analysis. It ensures the project is awarded to a qualified contractor, completed within budget, and completed on time to meet quality standards. 

 Change Order Evaluation is a process for assessing the impact of changes on a construction project's cost, schedule, and quality. The steps include reviewing the request, evaluating impact on schedule and budget, reviewing contract documents, and obtaining approvals. It's crucial for preventing negative impacts.

 Cost Estimating for construction projects involves determining the cost of materials, labor, equipment, and other indirect expenses. It is an essential aspect of project management that helps stakeholders  plan and budget for the project effectively. 

 Cost modeling for construction projects involves estimating and analyzing costs by breaking down the project into components, identifying resources, estimating costs, aggregating costs, performing sensitivity analysis, and risk analysis. The output is a detailed cost estimate for project budgeting and decision-making. 

 Constructability Review is a process to identify potential issues in construction projects. Steps include pre-construction, kick-off meeting, site inspection, review of plans, techniques, materials, equipment, risk assessment, report with recommendations, and implementation. It ensures efficiency, effectiveness, and budget compliance while minimizing risks. 

 Life Cycle Cost Analysis analyzes the total cost of owning and operating a building or facility over its lifetime. This includes design, construction, operation, maintenance, and disposal. Steps involve defining the project scope, developing cost estimates, analyzing alternatives, selecting the best option, implementing the plan, and updating the analysis. This ultimately helps managers make informed decisions to minimize lifetime costs while meeting performance requirements. 

  Value Engineering (VE) is a systematic and structured approach to optimizing the value of a construction project by identifying and eliminating unnecessary costs and improving efficiency without sacrificing quality, reliability, or safety. It is a process that involves the collaboration of stakeholders to analyze the project's design, materials, systems, and processes to find alternative solutions that can achieve the project objectives at a lower cost or higher value. 

  Variance reports analyze actual vs. budgeted costs for construction projects. They are prepared monthly or quarterly to track financial performance. Reports breakdown costs by category and show variances with analysis of causes. They may also include performance metrics which helps project managers to make informed decisions.