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Cost Management

We provide professional cost management services. We take care of all of project cost management as our project cost experts are MBA qualified and hold over 25 years of local experience. We have a great track record of cost saving of approximately millions of dollars as a result of resource optimisation, efficient vendor management and risk management. We can work with a strict budget target of 5% average variance. Contact Project Management Sydney today for help. 

   Why choose us?

  • MBA qualified project cost experts
  • We may help you save millions of dollars
  • 15 years project management experience
  • Receive a 20% discount (limited time only)
  • Flexible working hours

What are the benefits of project cost management?

  • Establishing project finance feasibility
  • Accountability and fraud mitigation
  • Be cost-effective
  • Provide an informative tracking report

    How much is the service fee?

$900/day including GST (was $1200 including GST after 20% discount - conditions apply).

If you have a question or inquiry, please contact us or schedule a 30-minute free consultation (online casual conversation)

What is project cost management?

It is the process of determining project cost, followed by controlling the flow of cash. To control the project cost the project managers must plan the project cost after the project schedule is completed. The planned project cost is the result of the net value of the estimated project activities cost. The net cost of the project is referred to as the project budget.
Project cost usually consists of the following components:

  1. Internal staff salaries
  2. Hardware and infrastructure costs
  3. Vendors cost
  4. Other miscellaneous costs

The project manager will control the project budget by approving the staff salaries and vendors' expenses. In order to determine the budgeting accuracy a cost variance is calculated by the project manager. The final step is that the project budgeting information is documented and reported to the senior managers.

How are the services delivered?

The services can be delivered remotely (online), or on-site. As per the agreement. It will be determined where the location of the project management delivery will be. Other arrangements may be working 1-2 days on-site.  

What is included?

We provide full project cost management services including:

    • Project resource planning
    • Project vendor and procurement management
    • Project  cost estimation
    • Project cost budgeting
    • Establish project cost baseline
    • Project cost control
    • Project cost reporting