Cost Managemnet

Cost Management

Cost management affects nearly every aspect of a construction project, and it necessitates constant review and evaluation of cost or commercial management practice to ensure that both industry and academia keep pace with these changes and with best practice. TCC provides its clients nearly two decades years of experience and market intelligence of quantity surveying and cost management. This allows us to add value, realise high performance outcomes, minimise risk and deliver commercial certainty to clients. From blueprint to delivery, we connect people, technology, and data to deliver outstanding project outcomes for our clients on time and on budget.

During and after the construction period of the project, we support & ensure that all actions taken in relation to the financial administration of the contract are fair to all parties.

Quantity Surveying Services

Quantity Surveying is core to our business, and we are award winning quantity surveyors with broad market experience, and technical knowledge, we have the processes and people to provide rigorous and innovative benefits for our client partners. Our team invests time in thoroughly understanding our clients' goals, desired strategic outcomes, and project objectives before applying our expertise and experience to develop solutions which balance value, cost, and risk.

Quantity Surveying
Commercial Management

Comprehensive capabilities

Our cost management/quantity surveying services include:

  • Benchmarking and efficiency studies
  • Capital allowances advice/tax depreciation
  • Cashflow management
  • Change management
  • Cost modelling
  • Engineering services cost management (MEP cost services)
  • Escrow fund/account management
  • Procurement advice and documentation
  • Project cost management
  • Risk and value management
  • Strategic cost planning and estimating
  • Value engineering
  • Whole-life cost advice

Value Engineering

Value engineering is known as a cost-saving measure, but for our team it is a valued project management technique that addresses all aspects of the building lifecycle from the initial construction through the sustainability of sourced materials and utility efficiency of the final project. Our time invested in a value engineering produces impressive results for Clients. Concentrating on the maximizing the project's function while minimizing cost generates the greatest value for our clients.

During the detailed design stage, we apprise the Client/Engineer of alternate specifications, construction methods, etc. to avoid unnecessary expenditure. All recommendations are made aligning to the Client's expectations and without any compromise to the quality.

Project Value Engineering
Project Value Management

Value Management

From the initial stages of a project, our expert team explores a project's objectives and aspirations from the client's perspective. Further, the expected outcome is clearly established, understood, and agreed and therefore further steps are defined. This adds to Value management and drives our estimation and cost planning techniques. We believe optimising the capital work budget is more important than solely minimising cost.

Consensus and mutual understanding between stakeholders, clear objectives, reduced risk of changes in scope and improved communications helps ensure that the project meets the objectives of the client and is delivered within the relevant parameters. This methodology has been applied to ensure unnecessary costs are eliminated and to provide the best value within the agreed budget.