Cost Control

Cost control and Financial flow management

Cost control system:

• Project analysis for purpose of cost reduction
•  Implementation of procedures described in Project Controls Management
• Plan approved by Client
•  Preparing Preliminary Cost Plans and cost break down by construction elements
•  Expense analysis during design stage, and at design stage completion
•  Control of expenses and control results reporting at construction preparation stage, as described in Project Controls Management Plan
•  Preparing of cost estimations, if necessary
•  Elaboration of cost and progress reports

Cash-flow management:

• Elaboration of cash flow schedule, and definition of financing limits for the following months
•  Expense control for all project realization stages (preparation of construction and construction stage)
•  Change control, expense control, and results of control reporting, claims review; Elaboration of reports on compliance of expenses and construction progress at all development stages
•  Project execution analysis, including preparation of progress reports comparing actual progress of works with agreed project schedule (in regard to cost and time parameters)
•  Check of KS2 and KS3 forms (to be approved by Technical supervision). Preparation of construction progress reports.
•  Control and monitoring of Client’s payments to Contractors
•  Elaboration of business cases and business case updates, including leasable and GIA (gross indoor areas) calculations