Project Management Services
Cost Control & Budgeting
Create a disciplined cost baseline and see where the project is heading before variances become critical. WAA combines cost records with scope, schedule and change information.
Service workflow
Cost Control & Budgeting Workflow
Four connected stages establish the cost baseline, control movement and show the likely financial outcome early enough for action.
- 01
Detailed Cost Estimates
Preparation of accurate BOQ-based estimates and cost breakdown.
- 02
Budget Control
Tracking of commitments, variations and overall project budget.
- 03
Cash Flow Forecasting
Forecasting project cash flow based on contract terms and planned progress.
- 04
Variation Orders Management
Assessment of cost impact for variations and change orders.
What this service addresses
- Budgets that are not aligned with scope or work packages
- Limited visibility of commitments, actual cost and forecast at completion
- Changes and risks whose financial effect is not controlled
Core scope and services
- Cost breakdown structures, budgets and control accounts
- Commitment, payment, change and cash-flow monitoring
- Forecasting, variance analysis and cost-to-complete review
Typical deliverables
- Approved cost baseline and coding structure
- Cost report, cash-flow view and change log
- Forecast-at-completion and management recommendations
How WAA approaches the service
We reconcile available commercial records, define one controlled cost structure and establish repeatable reporting that explains movement from approved budget to current forecast.
Who this service is suitable for
- Owners and developers controlling investment budgets
- Projects with cost pressure or fragmented records
- PMO teams establishing project controls