> Preparing feasibility studies.
> Estimating expected construction costs on the basis of the concept design and the estimated amount of work.
> Defining and monitoring the costs of construction works during the design phase, checking and clarifying quantities.
> Examining alternatives and making suggestions.
> Compiling the documentation requesting proposals.
> Comparative analysis of tenders and bids, quantity surveys.
> Discussing technical content, price, potential alternatives and contract terms with bidders.
> Complete drafting of contracts and their annexes, where the goal is to define each and every part of the technical content and delivery deadline.
> Checking performance certificates.
> Checking, and approving of, additional work taking the contractual documentation into account and checking quantities.
> Checking and approving final invoices.
> Preparing the financial schedule considering the available funds and planned expenses
> Monitoring the cash-flow plan through the whole project
“A good cost manager is conscientious but also understands the context. You must not forget about any detail in any of the phases because the costs of missing things will add up, and the project will slip out of budget. You need a project approach, a thorough knowledge of the engineering fields and extensive experience.”
