Cost Planning Overview
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Cost planning is an imperative part of any construction project. During this process we take into account current market rates and previously completed jobs and allows us to calculate an accurate and realistic plan that is in line with your goals and budget. We take a multi-disciplined approach to set lifecycle budgets and cost controls to manage the quality and delivery of the project’s outcomes over a set timeframe. As a commercial builder, we tender for many projects and this provides us with a mass of current market data and knowledge, applicable to a wide range of projects.
Importance of Cost Planning
Cost planning investigates fiscal feasibility in the early stages of a proposed project. This assists our clients in determining whether a project is feasible within their time and budget constraints. In addition, cost planning can also be used as an aid in securing funding for projects from banks, investors and government. Effective and accurate cost planning can be the difference between a successful job and one that runs over time and exceeds the budget.