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Estimating construction costs is the key to ensuring a clear understanding of the budget requirements for your project. Without the right construction cost systems, people fail to create a workable plan for their projects. Our construction cost services ensure that our clients have reasonable project budgets that help support the planning, expectations and execution of your project. Our commercial construction estimator works hard to manage aspects that help them identify, quantify, and qualify a budget that is reasonable and also caters to your needs. This process highly relies on our extensive years of expertise, knowledge and understand of complex building systems and methodology.
The course of action to be taken in a construction project depends on a variety of variables.
Feasibility studies are beneficial in several ways, such as helping project managers discern the pros and cons of undertaking a project before investing significant resources and time into it. In addition to providing vital information, feasibility studies can aid a company’s management in avoiding risky business ventures.
Technical feasibility
○ Legal
○ Operational feasibility
○ Realistic project timeline
○ Economic feasibility
The cost consultant gives estimates as well as recommendations on the cost of construction projects. The cost consultant’s responsibilities may include assisting in the evaluation of the client’s needs and conducting feasibility studies, comparing requirements to those of similar projects, and considering and contrasting options.
A quantity surveyor (QS) is an expert in construction prices and contracts.
Cost managers should be familiar with all phases of construction throughout a building’s or facility’s lifespan. They apply this knowledge to efficiently control costs, balancing quality and value with the specific needs of each client.
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