|
|
|
BUDGET Budgets
are developed and agreed upon early in the project planning phases and
refined throughout the design phase. KAVANAGH
associates utilized a concept identified as TIC - Total Installed Costs.
Each component of the overall project cost including programming, design,
permitting, construction, furniture, IT and cabling, security, relocation
of people and equipment and restoration/decommissioning of the exited
facitlity. Each of these cost components of the overall project are identified,
reviewed and evaluted for maximum value before a final project budget
is compiled. Monthly reports are prepared for tracking, cash management and forecasting. Deviations, if any, are identified immediately before it becomes a large issue.
COST
CONTROL KAVANAGH associates recognize there is a big difference between cost reporting and cost control. An effective cost control process helps the entire team understand the financial status of the project at any given time. Decisions will be made for the project based on the team's understanding and adherence to the cost control system being utilized. We utilize many tools in establishing the project Total installed Cost and the execution of the project. |
|
![]() |
|
| Kavanagh Associates, LLC Project Management Construction Oversight Call 858.549.6744 | Contact Us | Brochure | | |