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Cost Controls

Project cost controls are a dynamic and important part of delivering a successful project, there are many facets to the commercial management of a project, which are not just limited to monitoring change and evaluating risk. All projects must be equipped with the knowledge and understanding of how costs are controlled throughout the project life cycle. At Fortis, we aim to maximise the benefits of our client’s cost reporting systems and enhance them by adopting industry best practices. This ensures that the client expectations are aligned with the project realities.

The considerable experience and specialist knowledge of Fortis allow us to give detailed advice on any specific cost implications a project may encounter. The systems and procedures adopted by Fortis allow for detailed project cost controls, which can be adapted to the specific needs of a project:

Fortis provides the following services:

  • Evaluating the Design Concept
  • Whole life Cycle Cost
  • Value Engineering
  • Cost Modelling
  • Programming
  • Procurement Strategies and Documentation
  • Management of Variation Account
  • Cash Flow Management
  • Project Cost Reporting
  • Internal and External Financial Risk
  • Benchmarking
  • Regular Reviews of Cost Targets