Cost Management

ELLANA provides cost management services at all phases of project development.  Specializing in project cost estimating our team’s focus is on cost certainty and cost control, essential for the planning, budgeting and management of design and construction initiatives.

Our approach to cost management involves safeguarding the clients’ interests at every stage of project design, procurement and construction. The cost management process and delivery to the client is enhanced by utilizing our vast  industry knowledge and expertise in construction logistics and costing methodology.

We ensure our clients are advised on cost and risk performance against targets and identify every opportunity for improvement, efficiency and cost-reasonableness with respect to industry standards and norms.

As part of our cost management process, our goal is to identify and assess project cost issues and risks – evaluate and provide solutions to achieve budgetary constraints and feasibility of the project.

Our cost management services include:

• Construction Cost Estimating

• Feasibility Studies

• Constructability reviews

• Value Engineering

• Budget allocation and asset management – Project Life Cycle

• Cost Mitigation Reporting & Risk Assessment

• Cash flow & Actual Value Assessment – Reporting

• Cost Contingency management

• Cost Monitoring, Project Forecasting and Reporting

• Reconciliation / Financial Cost Reporting

• Independent Reporting – 3rd Party Auditing & Compliance