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, MSM Engineering 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