Cost Management and Quantity Surveying involves planning, estimating, budgeting, and controlling project expenditure to ensure a project stays within its financial limits. It helps maximise value,minimise waste, and deliver projects on budget, making it essential for successful project outcomes.
At Greyfriars Cost Management, we offer strategic cost management, quantity surveying, procurement, monitoring and contract advice from inception through to completion.
We take a ‘hands-on’ approach to reviewing a client’s project brief. As a result, we tailor our services and delivery methodology to their needs.
Our team, led by Tim Boucher, has experience across all sectors of the industry. For example, this includes one-off dwellings, regeneration masterplans, and complex new build and refurbishment projects in both commercial and public sectors.
Our goal is to provide clients with professional cost management and quantity surveying services. We focus on meeting the project brief while maintaining control of the budget.
Our Approach to Cost Management and Quantity Surveying
We can provide these services at any stage of the project timeline. However, we achieve the best results from inception, where we can set a robust budget based on the client’s requirements.
As the design evolves, our cost management team ensures there is always a clear focus on the budget. This helps maintain control throughout the project. This input gives clients the best chance of maintaining cost control. Therefore, this approach is based on a ‘no surprises’ philosophy.
Supporting Project Decisions
Our services can also provide one-off estimates. This allows clients to review project viability and make informed decisions on how to progress.
At Greyfriars, we use the latest software and tools to ensure our cost management advice remains accurate. This is supported by access to up-to-date cost data.
We are keen to explore new methods of project delivery and challenge traditional procurement strategies. At the same time, we encourage a collaborative approach to construction projects.
SERVICES
Cost Management and Quantity Surveying services we offer:-
- Feasibility Estimates and Cost Models
Using benchmark data to provide early cost advice and quantity surveying input, to assist clients in assessing the project viability. - Detailed Cost Planning
Generating a detailed elemental estimate, based on the New Rules of Measurement standards for Cost Planning and Quantity Surveying. Each element of the building is broken down and priced separately and as the design evolves through the RIBA Stages more detail can be added to update estimates. All our estimates assess the cost risks, benchmarking and highlight potential Value Engineering opportunities. - Procurement Advice
There are numerous ways to procure a project. We provide an open-minded quantity surveying and cost management approach to your requirements. This includes discussing the options available and the pros and cons of each. From single stage, two-stage or negotiated we can provide the right methodology and Contract to use for your project. - Preparation of Tender Packs
We produce tender packs that include preliminaries, schedules of work and employer’s requirements. We also collate all design and supporting information to enable the project to be tendered, supported by our quantity surveying expertise.
- Post-Contract Cost Management
We manage the financial control of the construction project post-contract. This includes the change control process, agreement of variations and final account. During this stage, we issue regular cost reports. These track the estimated final account, cost risks, provisional sums and potential claims, supported by our quantity surveying expertise. - Value for Money Reports
We provide one-off reviews of construction costs at any stage of a project to advise clients whether good value is being achieved. We prepare reports that review costs against benchmark data. This includes reviewing quantities as part of our quantity surveying approach to give reassurance that a competitive price has been provided. - Funder Monitoring
We provide bank and funder monitoring services for a range of lenders. We tailor our services to suit each lender. The core requirement is to carry out due diligence on the project to identify risks associated with the project and funding. This includes reviewing costs, programme, planning, insurances, the professional team, experience and contractual arrangements, supported by our quantity surveying and cost management expertise.
Areas we cover
Our cost management and quantity surveying services are delivered across East Anglia, including key locations such as Norwich and the surrounding areas. We support projects in both urban and regional locations, bringing a strong understanding of local markets alongside national experience.
- Norwich
- Norfolk
- Suffolk
- Lincolnshire
- Cambridge
- Ipswich
- London
- Essex
- Hertfordshire
- Bedfordshire
A Selection of Our Projects
We provide expert cost management services across all sectors in the built environment, delivering tailored solutions for our clients.
All Projects
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Our Other Services
We provide expert project and cost management delivery across the built environment, delivering tailored solutions for our clients.
