Ongoing cost monitoring that tracks spend, variations and forecast final cost, so budget problems surface early instead of at the end.
Cost management keeps a project on budget by watching it closely. We track what has been spent, what has been committed and what remains, and we forecast the final cost.
A clear cost-to-complete position is also what lenders look for before releasing further funds. It shows whether the remaining money is enough to finish the job.
Regular reports showing budget, committed cost, paid to date and forecast final cost.
Every variation recorded, assessed and tracked against budget.
A fresh estimate of the cost to finish at any stage.
When money will be needed over the remaining programme.
We flag emerging cost risks as soon as we see them.
If funding is short, we show how large the gap is and where it arises.
Not sure what you have? Send what is available and we will confirm exactly what is needed.
This guide is general information only and does not replace advice on your specific project. Costs, building rules and lender or insurer requirements change and every project is different, so please speak to us about your own circumstances before acting.
It is an assessment of how much money is still required to finish the project, based on work remaining and costs still to be incurred.
Yes. We can establish where the gap arose, how large it is and what options may be available to close it.
Typically at each drawdown or monthly. More frequent reviews make sense on larger or higher-risk projects.
Variations are one of the most common causes of funding shortfalls. Here is how to keep them under control and keep your lender comfortable.
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