Cost Management

It embodies detailed cost planning and cost control services to ensure construction projects are bid, documented and completed within a pre‐agreed cost framework and in the most economical manner consistent with program requirements and aesthetic considerations.

All construction projects should have an independent, unbiased, professional Cost Manager onboard through the duration of the contract to closure and overview the procedures in order to protect the financial interests of the Owner. A Covered Area Cost Manager  uses their engineering judgment and experience in the application of scientific principles and techniques to analyze and develop the best course of action in regard to cost estimation, cost control and profitability of the project. Using cost management principles, Covered Area Cost Manager ensures a project is designed within budget objectives and meets performance and quality goals.

How much? It is the first and most important question to ask before investing the time and money required to develop a concept into a realized project, and answering it incorrectly at the concept phase will assuredly lead to cost overruns and time delays later down the road.

Covered Area Group’s experience, which ranges from proactive project due diligence in pre-construction planning to forensic construction claims analysis and litigation support, positions us to provide you with conceptual project budgets that address the economic feasibility of your project from the outset.

Even if your construction or engineering project idea is still just that, an idea without drawings or plans, Covered Area’s professionals have the construction cost estimating experience to provide you with the necessary conceptual project budgets to help get your project off the ground. Our Rough Order of Magnitude budgets are polished enough to set accurate cost expectations from the beginning of the project, which will help avoid cost disputes in the end.

Covered Area’s cost services that may assist in the development of your conceptual project budget include:

• Pre-Construction planning and coordination
• Construction cost estimating
• Risk identification

Whether you are an owner, program manager, contractor, architect or construction manager, Covered Area’s construction cost consultants are equipped to supplement your team’s expertise with additional insight to ensure your project’s success.

Regardless of the stage of your project, Covered Area’s cost estimating services can assist with conceptual budgets, preliminary estimates, quantity take-offs, bid estimates or contract pricing.

Call for more information on our construction cost management service, or reach us by filling the below form

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