Welcome to our distinguished Cost Planning and Estimation service!

We go beyond mere numbers to craft a roadmap for your project's financial success. From the initial stages through project completion, we specialise in meticulous cost planning, conducting exhaustive feasibility studies that lay the groundwork for a robust financial strategy.

Our commitment to precision extends further with peer reviews of cost estimates, ensuring a collaborative approach that fine-tunes financial projections. Through parallel estimates, we provide you with a comprehensive view, allowing for informed decision-making. Validating cost estimates is not just a process but a philosophy—we employ the Theory of Constraints (TOC) to fortify your project's financial foundation.

In addition to our expertise in cost estimation, we offer valuable insights into procurement and contract dynamics. Our seasoned professionals provide advice that is not just about compliance but about enhancing the overall viability and success of your endeavor. As your strategic partner, we are dedicated to steering your project towards financial resilience, operational excellence, and success beyond expectations.

A cost-planning approach to the design would require the process of cost and project planning to be completed in a sequence that leads to the effective management of the outturn cost of the works. CPM would input into this process.

Design phases and staged estimate approval gates through design development.

Each package of work shall be cost managed as follows:

Stage 1

Feasibility/Concept

• Early estimating & Feasibility advice

• Updated cost advice

• A buildability review

• Procurement planning

• Contracting method

• Design team strategy

• Contractor delivery strategy

• A P50/P95 Risk Based Estimate

Stage 2

Preliminary Design

• SOQ & Estimate

• Update the Risk Budget

• Identify the drawdown of risk monies

• Change register

• The Budget/Cost Plan review

• Options & Revised estimates, if required

Stage 3

Developed Design

• SOQ & Updated measured items

• Update the Risk Budget

• Identify the drawdown of risk monies

• Change register

• The Budget/Cost Plan review

• Options & Revised estimates, if required

Stage 4

Detailed Design

• A tender SOQ

• Pre-tender estimate

• A separate Risk Budget

• Identify the drawdown of risk monies

• Change register

• The VE process is completed

Stage 5

Procurement/ Construction

• Assist in negotiating the final project budget and Risk Budget

• Tender evaluation

• Conclude negotiations with the Contractor

• Procurement support

• Contractor payment certificates

• Design team payment certificates

• Project financial reporting

Stage 6

Final Account

• The final account & final financial report of actual cost against budget

• Bench Marking learnings through Final account

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