FREN

03 / MONITOR

Cost monitoring

Connect construction progress with expenditure and the effects of changes.

As construction progresses, contractors submit payment applications and changes may be proposed. It is useful to distinguish the original scope from changes and assess their consequences before a decision.

Illustration: construction cost monitoring on a computer
Illustration of an imaginary professional situation. *

Services tailored to your project

In detail

Review progress and payment applications

Compare contractors’ payment applications with agreed works and observed progress. Highlight items that require an explanation or verification.

Clarify changes

Review proposed changes and available quotations for additional works. Identify the affected works and the stated consequences for costs and scheduling.

Make variances visible

Present monitoring information and decisions required according to the agreed scope. The aim is to help you understand submitted costs and ongoing changes.

Documents used in the process

  • Contractors’ payment applications
  • Additional quotations and changes
  • Cost and schedule monitoring information

Services and deliverables are defined according to your project and the agreed contract.

What this means for you

You gain a clearer view of expenditure and changes. Monitoring helps prepare your decisions; it does not eliminate construction uncertainties or the consequences of changes to the brief.

Do you approve changes on my behalf?

The owner’s decisions and commitments remain subject to the agreed services and contracts. The support described here involves reviewing available information and helping you make informed choices.

Let’s discuss your project.

Speak directly with Aleksandar Stancic to define the support suited to your needs.

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Villa projects in Saint-Raphaël, Saint-Tropez, Cannes.