Flanagan Arabia’s approach to Cost Management and Cost Control is based on the use of modern tools and techniques, highly trained staff and a large database of current and historical projects. This is complimented by the wide-ranging and direct experience of management and senior personnel.
Our Approach to Projects to Ensure Successful Cost Control
Flanagan Arabia’s successful cost control on projects is reliant on the following:
- Providing the Client with the best possible information ensuring they can make informed decisions.
- Providing effective and necessary advice on early Client decisions from project inception.
- The design and scope of any project can change in order to meet both Client and construction needs. It is our role to track and cost all changes and highlight them to the relevant parties. Constant cost control is necessary to achieve a project that falls within the parameters of the planned budget.
- Flanagan Arabia have specialized personnel that provide cost control on mechanical, electrical and specialist services.
- Producing cash flow documents which are updated at regular intervals reflecting programme, milestones, Client and financial institution demands.
- Identifying problems at an early stage; allowing ample time for constructive and effective solutions.
- Producing accurate and comprehensive tender documents thereby achieving competitive tenders, which reflect the Client and construction requirements.
- Advising on accurate and up-to-date contractual procedures.
- Implementing mechanisms and reporting procedures that will eliminate cost overruns on the project.
It is our role to ensure that all of the above are achieved in an effective and efficient manner. Flanagan Arabia are committed to liaising with the Client and Design Team on all matters throughout the project.
To Ensure Cost Certainty Within Today’s Fast Passed and Complex Industry, Flanagan Arabia Provide the Following Quantity Surveying Services:
- Feasibility and site acquisition studies
- Cost estimation and quantification of materials
- Cost planning
- Risk appraisal and contingency management
- Costs in use and life-cycle costing
- Value Engineering
- Procurement strategy advice
- Complete tender documentation
- Complete contract documentation
- Cash flow forecasting
- Cost management, cost control and cost reporting
- Final account negotiations
- Tax incentive and capital allowance calculations and support
- Assistance with funding institutions, bank financing and grant funding
