Our construction cost management plan comprises all the details on how project costs will be managed throughout the entire lifecycle of the project. It clearly states the criteria by which the costs are evaluated, reported, updated, and identifies all the stakeholders involved in the particular phase of the project. The process starts with estimating all the costs including costs for acquiring land, planning, design, labor, material, contingency, maintenance, etc. Then leading to budget scheduling, managing costs, and analyzing progress at various project milestones.

At Smart Estimations, we offer the most effective management of funds and resources in order to achieve the project’s milestones within budget and time.

• Cost-effective rates and fastest turnaround times.
• We have a track record of creating highly precise and comprehensive cost estimates while considering our client’s expectations and design requirements. This ensures that estimated figures meet the final actual cost to the maximum.
• If at any stage, project cost exceeds the budget limit, we employ value engineering to set the project back on track. While working closely with the designers, our cost managers make sure that all their requirements and considerations are fully met before the next stage starts.
• Our quantity surveyors perform accurate estimates for labor and material at regular intervals during the construction to develop the cost performance report. If the estimate shows price fluctuations from the initial estimate then cost updates are applied after approval from the owner.
• We properly organize all the costs involved in the project like direct, indirect, fixed, variable costs, etc. that at any time our client can easily visualize and foresee the project costs.