Construction costs estimate: secure your decisions and budget
Estimating your construction costs allows you to determine, validate and plan your project budget at every stage from the initial idea to delivery. A costs estimate is an essential decision-making tool that guides your project and allows you to confirm its financial feasibility and plan the resources required for delivery.
Project costs estimates is one of DECASULT’s fields of expertise for project management. Our construction estimators and economists deliver independent estimates that are structured and adapted to the progress level of your projects. This allows you to guide your decisions while maintaining financial control at all times.
Why you should take advantage of this service ?
Budget control and predictable costs: when an estimate becomes a strategy
- Your budget must be validated or adjusted
- Your project is moving forward and you have to track how decisions impact costs
- You must compare different design scenarios or options
- You’re planning the call for tenders process and must confirm your budget
- You’d like to validate an estimate submitted by a third party
- Changes or claims have directly impacted the project cost
In these situations, a structured estimate becomes a tangible financial tool that allows you to improve costs predictability and reduce budget gaps while supporting your project’s budget management at every stage.
DECASULT’s intervention process
We have all the expertise required for budget estimates and planning
We contribute to all stages of construction projects from the feasibility study to construction and litigation. We produce, validate and track costs estimates based on the project progress and pending decisions. Our process focuses on guiding the budget progress and supporting financial decision-making throughout the project.
- Cost estimates at various project stages from the preliminary budget to a detailed estimate
- Preparation of estimates for pre-feasibility studies, business cases, and functional and technical programs
- Estimates during the design phases and when drafting plans and quotations.
- Estimates prior to the call for tenders process and assessing tenders
- Analysis of the financial impact of changes, directives and change orders
- Updating estimates and tracking the budget progress
- Determining a total cost project budget
- Support with value analysis exercises
- Support during claims or litigation involving cost implications
Our approach
Structured methodology related to construction economics
Our approach is based on construction economics best practices and estimation tools adapted to the project’s definition level. We structure costs, analyze contingencies and apply coherent estimate methods to obtain reliable results that can be compared as the project moves forward.
Class D, C, B and A estimates.
Deliverables
Practical and usable deliverables
- Construction costs estimate
- Total cost project budget
- Quotation budget
- Professional fees estimate
- Design and construction contingencies
- Owner costs
- Reserve for risks
- Cost indexation
- Cash flow curve
- Budgetary updates and gap analysis
What could the impact be?
A direct impact on your project’s management and performance
- Better informed financial decisions at every stage
- A clear understanding of the financial impacts related to project design and changes
- Better alignment of the project scope, budget and timeline
- Reduced areas of uncertainty and financial risks
- A solid financial base for the call for tenders and construction phases
- A more structured financial monitoring process and enhanced project governance