Cost management

Cost management is an integral part of project management and involves prices, rates and billing. Cost management can start already in an early phase and be integrated into all design and construction phases until the final assessment.

As cost managers, we:

  • Analyse all inputs and prepare the cost plan.
  • Engage our value engineering team to optimise costs.
  • Assist with the organisation of tender for general contractor.
  • Evaluate the actual work progress on a monthly basis.
  • Validate contractor’s monthly invoices.
  • Estimate the price of changes (change requests) and discuss them with investor.
  • Prepare the review the final bill.
  • Prepare the final financial report and evaluate the final project result.
  • Check and release the resources retained based on the contract for work.
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