Cost Management

In the search for leaner delivery of projects, disciplined cost planning, forecasting and management are essential. E3 Advisory consults with clients so they can better understand and manage the cost of projects, assisting clients to meet project objectives more cost efficiently. 

E3 Advisory cost management services are grouped into the following:

  • Project cost management including: cost estimating services, budget and forecast cost preparation and value engineering advice
  • Preparation of risk adjusted estimates for capital cost and whole of life costs for projects from feasibility through to delivery phases
  • Independent reviews of estimates, including independent estimator role for Alliance Target Cost Estimates and competitive or sole sourced delivery processes
  • Forensic analysis of estimates in support of claims.

E3 Advisory’s capability is underpinned by professionals with extensive experience of competitive tendering and managing cost on infrastructure projects. This allows us to assess cost from a first principles basis using real time resource costs and achievable productivities tailored to recognise the requirements of each project. Our practitioners have knowledge across a wide range of infrastructure and resource sectors covering civil, mechanical, mining and electrical engineering disciplines, allowing E3 Advisory to provide advice on complex multi-discipline projects.

We provide accurate project outturn cost estimates using an appropriate combination of first principles estimating, risk based estimating and cost planning methodologies for all phases of the project lifecycle from feasibility to delivery, allowing our clients to make informed decisions.  

Cost Management Services include:

  • Budget and forecast cost estimates
  • Strategic and final business case estimates
  • Whole of life estimates
  • Benchmarking
  • Independent estimate reviews and due diligence
  • Whole of life estimates
  • Risk & contingency modelling
  • Cost escalation
  • Cost management and financial reporting
  • Cost planning
  • Cost change management and value engineering
  • Assessment and negotiation of variations
  • Assessment of progress claims
  • Final account preparation and agreement
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