Cost Planning and Control

Anyone can plan for project costs. At Hanscomb, we plan for everything.

We’re not just numbers guys. For our clients, we’re an important part of the design process and active members of the design team—right from the start.


That’s why our Cost Planning and Control process breaks down every project into
segments using an elemental cost-estimating format prepared by the Canadian Institute of Quantity Surveyors. While these aren’t hard numbers, they help us contrast and compare cost estimates, and arrive at values that are meaningful.
 
But we don’t walk away from the project after delivering our initial cost estimate. As the design moves forward, we develop cost estimates at each milestone using the latest available design information. Each segment comes with its own cost and outline specifications. For our clients, that means much better cost clarity.

While our Cost Planning and Control process is painstakingly complex, our objectives are simple. Our focus is to:
  • Make sure expenditures don’t exceed what’s been allocated for each project segment
  • Achieve the best value for every single dollar spent
  • Balance the expenditures for each segment throughout the project lifecycle

Through our Cost Planning and Control process, we establish a cost plan that accounts for all kinds of risks, including these big ones:
  • Design information that’s incomplete or incorrect
  • Cost escalation
  • Unanticipated changes during construction
It’s a process that works harder and smarter, so you can rest easier.

"CANADIAN INSTITUTE OF QUANTITY SURVEYORS, CIQS and CIQS & Design marks are owned by the Canadian Institute of Quantity Surveyors and used under license"


 

Latest News

Director of our Winnipeg office; Isaac Gwendo was recently interviewed by the Construction Economist.
Statistics Canada's Fourth Quarter Non-residential Construction Price Indices are now available. The First Quarter Indices for 2017 will be released mid-May.  Click here to download a copy of Hanscomb's Escalation Watch.
Hanscomb Cost Consultant, Melissa Trautmann, is featured as a Professional Quantity Surveyors Future Leader in the Winter 2016 edition of the Construction Economist.