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Cost Control During The Pre-Contract Stage Of A Building Project – An Introduction, Tony Cunningham
Cost Control During The Pre-Contract Stage Of A Building Project – An Introduction, Tony Cunningham
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Cost overruns are commonplace on construction projects.
One of the most important tasks carried out by quantity surveyors (QS) involves providing advice to clients and design team colleagues to enable the design to be finalised within the approved budget. This financial management process is referred to as cost control. Cost control seeks to deliver a high degree of cost certainty during the various stages of the building project in order that the project can be completed within budget. Successful projects are those which are delivered to the required quality standards, on time, and within budget. Effective cost management therefore is …