Cost Consultancy and QS (Quantity Surveying)
Cost Management, Audit, Monitoring
We value your money as much as you do!
8MCC/PMC can also undertake assignments of Cost Management, Cost Audit and Cost Monitoring of the project to ensure that the project is being developed to the Client’s requirements within the best value proposition and budget. 8MCC/PMC’ Cost Management Team establishes an effective centralized Cost Management and Change Monitoring system for all stakeholders in the project.
Our Cost Consultancy services
Are classified into four typical stages.
1. Pre contract
Initial budgetary estimate
Preliminary cash flow
Identification of items for advance purchase
Value management (with Consultants)
Cost monitoring (against design progress)
Preliminary cost plan & cash flows
2. Tendering & Documentation
Procurement strategy – packages, tendering & contracts
Preparation of contract documentation
Preparation of standard & consistent BOQ
Tender review & analysis
Preparation of Letter of award & Contracts
3. Post contract Cost Control & Monitoring
Cost control & administration
Revised cash flow & financial advice based on tenders
Change management strategies
Progressive cost plan & monitoring of costs
Monthly project cost report
Indent & check measurements / quantities, Material reconciliation
4. Post contract Financial Management
Standard procedures for progress payments
Attend meetings
Monthly valuations & progress payments
Preparation of final accounts
Financial & contractual close-out.
Allied Services
Range of Allied Services
Adding Value!
Apart from the core Project Management and related services, 8MCC/PMC also offers a range of allied services adding value to the projects by focusing on time, cost, quality and safety as we believe in what Joy Gum said “The time to audit a project is when you can still add value. Auditing a project at the end is like bayoneting the wounded.”
1. Program Management & Process Review
While acting as the Program Manager or Process Reviewer, 8MCC/PMC takes the responsibility of being a single point contact for Strategic Planning, Monitoring and Periodic Reviewing & Reporting to Owner on the factual status of the overall project Schedule. 8MCC/PMC identifies the risks to the timeline of the project and advise the Owner on remedial actions in order that the project can be completed within the targeted timeframe and cost.
Allied Services
Tostal Quality Management
2. Quality Review & Audits
We at 8MCC/PMC believe in Total Quality Management and feel the responsibility of monitoring our existing developments and ongoing construction projects for possible hazards and non-conformity to Quality standards. In addition to conducting 1st and 2nd party audits, we are also capable of conducting on-site (3rd party audits) for our clients.
In Quality Audits, our team reviews the design, design basis reports, specifications, testing-commissioning reports, statutory approvals and supporting documents for the project and undertake a walk-through and visual review of the site and structure(s) to create a report of the findings and advise the Client on the technical (design and construction related) aspects of the project and grade the overall quality of the development.
Our highly qualified and experienced team of Engineers under the supervision of Senior Management review the ongoing construction and report the risks, defects and recommend improvement in quality where the quality is below acceptable norms.
Allied Services
Report status
The objectives of quality audit in 8MCC/PMC opinion are:
Evaluate the project process in order to identify defects so that they can be fixed.
Provide recommendation to prevent future defects in the project process.
Review and report quality standards with respect to specifications and contract documentation.
Prepare monthly audit report collating observations, risks, defects noted and recommendations.
Follow up to review the compliance of recommendations provided and report the status.
Allied Services
Adding Value!
3. Safety Review & Audits
At 8MCC/PMC, we have adopted a structured process to conduct Safety Audits which measure compliance and conformance to safety standards, striving for zero accidents. With our highly qualified and experienced professionals, we understand the gravity of Safety as a priority in the Project Management Process and we also undertake 3rd party Safety Audits for our clients. We believe in integrating safety into design, production and use and ensure that our sites are inspected during and after completion by experienced safety professionals to make sure that no safety hazards remain. 8MCC/PMC undertakes the Environment, Health & Safety audit for large and complex projects where in safety team identifies the various risk involved in project and proposes the mitigating plan.
8MCC/PMC defines the project specific safety system such as: Establishing minimum EHS standards for the project.
Resources required to ensure safe working atmosphere
Fall protection system including edge protection & work at height issues.
Risk assessment and mitigation plan.
Safe working method statements for critical activities.
Various permits to work.
Regular inspections to identify & correct unsafe situations.
Consistent awareness programs.
Task related instructions to workers.
Regular safety meetings.
Effective emergency evacuation system.
