Cost Management Analysis / Project Management Advisors
Objective
- Provide dedicated support for Cost Management and Planning of construction projects
- Leverage the vast knowledge gathered through variety of contracts handled
- Deliver better value within limited budgets through creative alternatives
- Capture both started and implied customer needs.
- Define clearly – inputs, constraints, limitations and deliverables at each stage.
- Define clear strategy and plan, benchmark critical success factors and milestones.
- Monitor against check-lists and identify bottlenecks and risks early.
- Report performance, document variance and suggest alternatives.
Engagement Matrix
- Quantity Surveying (QS)
- Cost Management
- Contract Administration
- Periodic Audit
- QS Services and Contract Management - pre-construction
- Any one or more of these services throughout the life cycle of the project ACTIVITIES BREAKUP OF PHASES
Pre-Construction Phase | Construction Phase | Post-Construction Phase |
---|---|---|
BOQ, Budget, Cash flow | Survey and Layout | Closure |
Defining work package | Track budget, Cash flows | Reconciliation |
Select vendor | Variance analysis | Final billing |
Drawing issue schedules | Generating alternatives for cost control | Claims adjudication |
Procurement Plan for materials | Claims management | Document lessons |
Preparation of Site Logistics | Prepare, maintain and monitor a Time Schedule and program | Record the date of hand over |
Coordination with consultants | Advise Client of changes in the Time Schedule & recommend appropriate action | Date of completion of building and services an insurance of completion certificate |
Determination of priorities | Record of hindrances | Make a list of defects and rectify within a specified time |
Determine milestones | Organize periodic meeting and contractor’s grievance review | Final Project Report |
Determine availability of specified materials | Work site order book. | |
Review and coordinate drawings to ensure completeness | Daily Manpower records. | |
Instruction by ‘Client’ | ||
Concrete Pour Reports | ||
Concrete Cube Register. | ||
Test Register of other Material | ||
Register of drawings | ||
Log book of defects | ||
Rework / extra work records | ||
Dismantled work register | ||
Hindrance register |
Objective
Provide comprehensive Project Management Advisory Services across all construction disciplines to ensure delivery in a timely, cost-effective and high quality mode.
Focus
- Project Optimization through advice on Time, Cost and Quality norms
- Setting up systems for project milestones achievement, monitoring with modes correctives introduced into each mode, where time, quality and cost over runs are anticipated.
Approach
- Clearly understanding customer requirements - both stated and implied
- Building a plan aligning all elements and modes to achieve desired results
- Defining a clear strategy for vendor on-boarding and work execution at site
- Defining and obtaining consent on a quality plan by all stake holders
- Analyzing project risks creating actionable correction and mitigation plans
- Executing and monitoring the project against consented quality plan and matrix
- Producing actionable reports to ensure and assist effective decision making to facilitate the required results.
Engagement Matrix
- Project Management Advisory (PMA) covering the entire spectrum of activities on a project.
- PMA with on planning, tracking, reporting, quality auditing, and bill checking & certification through embedded control system
- Providing PMA services by overseeing project activities on a visit basis with generation of report drawing attention to issues affecting the project with correctives incorporated.
What we stress an focus on in this Engagement Model
- We provide constructive review that removes potential bottlenecks from execution
- We have the ability to perceive risks very early and thus, take pre-emptive action to prevent their occurrence
- We plan work packaging to ensure all areas are covered and that there is no ambiguity
- We have good knowledge of local traditions and holidays to help plan better
- We ensure proper scanning and anticipation for likely bottlenecks and take pre-emptive action to prevent rework