Attendees learned the fundamentals necessary to implement a successful cost program – one that helps each party reap the benefits and opportunities while minimizing cost. Participants acquired an understanding of proven techniques and methods globally recognized as industry best practices to successfully plan and execute cost-efficient projects. The training course focused on the following training topics:
- Effective cost development and management
- Quantifying green building methodologies
- Pre-construction cost and budget evaluation
- Merging technology with your cost management programs
As global financial markets tighten; enhanced delivery methods, innovative design approaches, improved methodologies, new technologies, and globalization provide immense opportunity for mitigating construction costs. Construction projects involve a great deal of time and capital, so effective construction cost management skills are
required if projects are to be completed within the established budget requirements. Owners increasingly require that new innovations be integrated into their projects to minimize cost and increase profitability. Each construction project carries inherent opportunities, benefits, risks, and pitfalls that can directly impact an owner’s profit. How can the respective parties in the construction cost development process take advantage of the opportunities and benefits available? What steps can each party take to avoid common pitfalls and reduce costs inherent in the construction process?
This two-day program benefits all construction cost professionals seeking a better understanding of today’s complex construction cost management process. It examines the roles, responsibilities, and perspectives of the parties involved in the construction cost process. It also provides an overview of construction cost management, identifies common contract-related pricing issues and considerations, cost development, identifies and quantifies risk, costs associated with green building, and offers practical tips for dispute avoidance and resolution.
To ensure the best outcome for your project, you need people who know what they’re doing—every step of the way. Our experienced construction consulting professionals provide effective leadership, sharp attention to detail, and a valued partnership you can count on throughout the life of your project.
Spire provides comprehensive construction consulting services. Our construction experts possess the engineering and construction experience to provide real-world, cost-effective solutions to the everyday challenges that owners, contractors, engineers, and architects face throughout the construction process. From the initial concept to project closeout, we assist our clients in facilitating and coordinating the construction process to mitigate complex problems.
Spire develops construction management teams based on each client’s specific needs and project requirements by providing effective project leadership in the following service areas: