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Cost Management

COST MANAGEMENT

ART GLOBAL analyses Project Costs in many aspects such as planning, programming and design, bidding, construction, duration of use; and measures them throughout the project. For a project’s cost-affectivity evaluation; first costs of benefit-cost proportions and life cycle can be used as base.

ART GLOBAL continuously and systematically follows real costs that occur against the targeted budget figures, for the control of the costs. The works carried out in order for the processes of Cost Management to be founded, start by the formation of budgets based on real estimations. These estimations are made authentically on the basis of current market conditions, in conformity with the Project Scope and Quality necessities.

Real expenses and budget is compared during construction. This process is crucial. Because the project could necessitate changing the milestones, purchasing strategies and order management in order to ensure in time that it is cost-effective.