What is Construction Cost Management?
In planning, designing and constructing a project, cost is of prime importance. Cost considerations are continually present from concept budget, through to successful building occupation and use. Construction Cost Management is the establishment of realistic capital costs of construction projects.
What does Construction Cost Management include?
Cost planning and cost control services to ensure construction projects are bid, documented and completed within a pre‐agreed cost framework and in the most economical manner consistent with program requirements and aesthetic considerations.
Why use an Independent Construction Cost Management Company?
All construction projects should have an independent, unbiased, and professional Cost Manager or Quantity Surveyor onboard through the duration of the contract to overview the procedures protecting the financial interests of the Owner. A Cost Manager or Quantity Surveyor uses their engineering judgment and experience in the application of scientific principles and techniques to analyze and develop the best course of action in regard to cost estimation, cost control and profitability of the project. Using cost management principles, the Cost Manager or Quantity Surveyor ensures a project is designed within budget objectives and meets performance and quality goals.
How important is it to retain an independent Construction Cost Manager?
The Cost Manager or Quantity Surveyor is a vital member of, and brings added value to the design and construction team. The skills of the Cost Manager or Quantity Surveyor are derived from their training, experience and expertise in the field of construction costs, enabling them to perform duties combining the functions of an economist, an estimator and an accountant. The Cost Manager or Quantity Surveyor is specifically focused on the management of construction cost and value.
What services do ADE Construction Consultants provide?
Construction Cost Management, Plan Reviews, Value Engineering, Dispute Resolution and Claims Analysis.
How do I get started with a Construction Cost Management Company?
Our experience includes projects such as churches, schools, gymnasiums, health care facilities, college facilities, commercial structures of all types, municipal facilities, and industrial projects. To contact us Call us at 770-921-2701 or contact us online.