We can offer a number of services, be in full cost and commercial management, work with an in house team,, or manage an external professional cost consultant

Resource planning

• Develop a comprehensive work breakdown structure

• Define the resource requirements

• Encompass past project data for benchmarking

• Comment on forms of contract for the procurement of resources

Cost estimation

• Define the classifications, e.g. direct, indirect, fixed and variable costsPrepare the cost estimate

• Define the classifications, e.g. direct, indirect, fixed and variable costs

Budgeting

• Define the budget classification for each package

• Prepare the budget estimate and compare to the cost estimation

• Make suggestions to alternative procurement routes to save cost

• Establish project funding requirements and cashflow forecasts

Cost control

• Forecasting of probable costs

• Conduct variance analysis on actual cost vs. the estimate

• Suggest value engineering requirements

• Create and maintain the project's cash flow fand prepare reports

• Manage the change management system

• Review variations, out of scope works

• Administrate the payment application process for the supply chain

• Assist the Licensee in closing all commercial contracts.