Effective project management requires accurate and timely cost control, tracking, and reporting. By analyzing project spending, the construction management team can identify potential waste and ensure economical use of project resources. CB&A delivers informative cost reports that will help find and prevent key drivers to budget overruns.
Our experienced analysts are able to utilize a variety of tools, software, and techniques in order to customize our deliverables to our clients’ needs. From spreadsheets to integrated database solutions, we put accurate information in the hands of the project management team.
CB&A’s cost control and analysis capabilities include:
- Budget Development
- Scope/Estimate Reviews
- WBS Structure Development
- Baseline Budget Establish for All Cost Types (Hours, Labor, Material, Equipment, Subcontracts, Quantities, etc.)
- Scope Change Management:
- Maintain Log
- Verify Budget Impacts
- Coding Verification
- Commitments
- Purchase Order and Labor Contract Tracking
- Coding Assignments
- Actuals
- Invoice Review
- Invoice Log By Vendor
- Correlate Invoices to Purchase Orders
- Coding Verification
- Accounting Reconciliation
- Work Hour Utilization
- Forecasting
- All Cost Types (Hours, Labor, Materials, Equipment, Subcontractors, Quantities, etc.)
- Commitment Analysis
- Scope Change Impacts
- Accruals
- Cash Flow Management
- Budget Based on Baseline Schedule
- Actuals & Commitments Reconciled to Correct Financial Periods
- Forecast Based on Current Schedule
- Earned Value/ Work Measurement
- Productivity and Trend Analysis (Engineering and Construction)
- Quantity Tracking and Surveying
- Detailed Reporting