Cost Control & Management

We control cost and cash flows professionally!

Cost Control & Management Services by ProgressGenic

A cost control is a process that includes Budget Estimation, Cost Planning, Tracking, monitoring and managing the cash flow throughout the project life cycle. Proper implementation of these processes ensures the project completion within the budget.

Cost control & Management is Project Management Knowledge area which takes care of the cost budget allocated for a project which is a very important aspect that needs to be estimated carefully along with careful monitoring and managing the cash flow part of the project.

Outsourcing Cost Control & Management Part of your project has following benefits to consider:

  • Certified Professionals
  • Save on Time
  • Cost Saving
  • Reports Quality
  • Increased Efficiency
  • Project Performance

At ProgressGenic, Our professional cost controllers take care of each aspect through our specially designed cost assignments to make sure that your project is being completed under the initial estimated cost budget.

What do we provide under Progress Reports & Dashboard Services?

We professionally take care of following elements related to cost control & Management services:

  • Project Cash Flows
  • Earned Value Management (EVM)
  • Budget Forecasts

Frequently Asked Questions (FAQs)

We have a complete in-house Cost control & management expertise that includes set of documents that are required in assuring your project completes on budget. Few are mentioned below:

  • Budget Estimation Consultancy with performance reports
  • Baseline Cost loading (Part of Baseline Schedules)
  • Budgeted Cost reports of the project
  • Monitoring & Controlling the Cash Flow / Project Budget
  • Budget Forecast reports and control part to assure the timely completion of project on budget
  • Value Engineering that includes Earned Value management (EVM) studies and reporting
  • Cost / Budget related Risk Assignments and management

Cost Control & management is the process of planning, estimating, funding and forecasting that ensures a project will be completed within approved constraints. The goal: to ensure projects deliver best value for organization while reducing risk so businesses can make sound financial decisions as well manage cash flow effectively. We maintain the cost data in keeping in mind the different strategies such as:

  • Cost performance report (budget versus actual costs)
  • Cost Variance Analysis
  • Projected Cost at completion Analysis

The techniques we use in developing progress reports and dashboards are:

  1. PIRT Technique: Project Intelligence Reporting Tools (PIRT) are essential for a business to be successful, and at ProgressGenic, we offer you this and more services that will broaden your information needed for success of your project scope.
  2. Custom Reports: Handing over report building to us will also mean that you can rest easy knowing you won’t just get the data, but also a specifically tailored custom reports according to your company or project standards. This means it’s in-depth and comprehensive analysis in the form of cost data is shown as a compilation in to report templates which we develop specifically for your project.Projected 

You can discuss your project Scope and design with us (Surely after a Non Disclosure Agreement) in order for us to completely understand the project before moving ahead. Most importantly, you need to share your project BOQ with us.

The pre-requisite of Progress reporting is a Baseline Schedule with cost loaded if you have one, otherwise you may get our Project Schedule Management services and we will handle everything from Schedule creation, resource and cost loading to all the cost related reports throughout the Project life cycle.

You shall also share the project specifications related to Progress reporting / Project controls setup in your project’s conditions of contract, or, we may follow the FIDIC general conditions of contract to take care of reporting system. 

Your data is always kept confidential and secure with us. We and our clients sign the confidential agreement or Non-Disclosure agreement before moving ahead. We surely know the sensitivity of costs of projects and we always had kept that secured at our side. 

Experts that are working under ProgressGenic are hired through multiple layers of interview procedures and hence appointed once analysed through every aspect. It means that we deliver our services with a top-notch professionailsm way. So, feel free to call us, write us or schedule a meeting with us to further discuss the services.

ProgressGenic Cost Control

- Our Strategy

Why Choose us?

Competitive Rates

We provide top notch services at a very competitive rates keeping in mind the international market.

Budget Saving

You don't need to hire a full time employee for your project controls part when you get our services at when & where required.

Quick Hands

Our professional expertise doing the same jobs have made us work quickly than the norms. It saves your reporting time.

Quality of Document

Our tailored services provide you with high quality documentation under each category of our services you have acquired.

Project Success

We are not just a company, we are your partners. Your success is our success. The completion of a successful Project also maintains our standing in the market.

Track Record

13+ Years providing services, 1000+ Projects completed, 100% completion rate, 30+ Locations covered, Multiple Project Genres.

- Are you seeking exceptional
Project Cost Control Services?

You are promised to get your project completed on Budget. 

- Contact Us

If you need Project Management & Controls services in your office / site or remotely, kindly contact us through below contact details or write us by submitting the contact form:

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Our Location

115 London Rd., Morden, London, England SM4 5HP

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