
RMC BUSINESS SERVICES
PROJECT COST CONTROL
CAPITAL
INVESTMENT PROJECTS
Are you.... about to embark upon a major new capital investment project?
Are you.... concerned about possible cost over-run on the project?
Have you.... suffered embarrassing and painful cost over-runs in the past?
Are you.... aware that over-runs on project cost are unnecessary and can be avoided?
Have you.... heard of the specialised cost control technology of Cost Engineering?
Would you.... welcome the services of an experienced cost control consultant?
EFFECTIVE PROJECT COST CONTROL
... IS ESSENTIAL
... IS ACHIEVABLE
... IS AVAILABLE
EFFECTIVE COST CONTROL is crucial to successful project management, yet all too often exhibits serious and persistent failure
· final project cost frequently over budget
· cost over-runs commonly very large
· major projects particularly vulnerable
· technical brilliance, innovation and talent overshadowed by financial disaster
Three notable examples that have reached the public eye
in recent years:~
v Thames Barrier ...
Estimate
£40m
Final cost £460m
v British Library ...
Estimate
£115m
Final cost
£500m
v Trident Submarine Depot (Faslane) ...
Estimate £1,100m
Final cost £1,900m
WHAT IS COST ENGINEERING?
·
a unique technology created specifically to meet the
particular problems of cost control so frequently encountered on engineering
construction projects
·
a discipline operating throughout all phases of
project execution...
... from conceptual design,
through detailed engineering, procurement, construction and
commissioning
Extensive project cost control assistance is available through RMC Consultancy Services to all participants within the engineering construction industry, from high level consultancy advice to detailed "hands on" active operations. For further information, please contact RMC Head Office or the RMC Cost Control Consultant as detailed below.