Skip to content
All articles

Construction & Engineering

Controlling Construction Costs Before Overruns Happen

Inconsistent estimates and late site reporting hide cost problems until it is too late. Here is how structured costing and daily reporting change that.

6 min read

The challenge

Many contractors estimate in spreadsheets that differ between estimators and revisions. On site, progress and variations are reported weekly or monthly, so head office sees overruns only after money has been committed.

Structure the estimate

A shared rate library, consistent item codes and version control make bills of quantities comparable. Reviewers can trace every amount back to quantity, rate and assumption.

  • Shared rate library
  • Revision history with approvals
  • Visible allowances and assumptions

Close the loop with site data

Daily mobile reports on labour, plant, materials and variations feed committed cost against budget per contract. Project managers can intervene while the work is still in progress rather than at final account.

Sunrise across an African mountain landscape, representing new possibilities

Your Ideas. Our Technology. Greater Possibilities.

Let's turn your business challenge, technology idea or digital transformation opportunity into a practical solution.