Cost and Commercial Management
Cost and commercial management is a must for all projects that want to be successful.
We have an unparalleled track record when it comes to cost and commercial management of Vietnam construction. Our expertise spans the full lifecycle of projects from inception and delivery, through to the final handover of a completed project.
We work alongside the client to help them in making the best decisions, from the initial design to ongoing asset management. As one of Vietnam’s largest cost management companies, we know that it is vital to understand our client’s needs so that we can deliver best-in-class cost solutions that are backed up by clear robust baseline, relevant data, and analytics.
Our core services of cost and commercial management include:
- Initial budget estimating to assess the feasibility of design proposals.
- Comparative cost advice on alternative designs, materials, systems, and methods,
- Detailed cost planning and monitoring to ensure that designs are developed within the approved budget,
- Value engineering of design options to maximize value for money. Advice on appropriate contract packaging, tendering procedures, and procurement options.
- Management of the selected procurement route,
- Tender documentation and management to select a suitable contractor(s),
- Financial post-contract management including progress payment valuations, variation cost management, cost reporting, and finalization of accounts.
Our cost research team collates up-to-date knowledge and information to form an unrivaled database of market intelligence. We then use this to advise tenants, occupiers, and building owners on several important areas including:
- Elemental cost of fit-out works,
- Cost Analysis of functional areas,
- Comparative cost advice on alternative materials, systems, and methods,
- Key fit-out cost drivers and design issues,
- Programme / build-out rates,
- Procurement advice,
- Contractor / Trade Contractor database,
- Civil Engineering Works.
