DMO Advisory

Cost Management

 

DMO Advisory’s cost management services assists our clients in optimising their business performance by reducing their ‘costs of doing business’. DMO Advisory’s cost management system considers all costs associated with the operations of a company including development costs, consultants, vendors, delivery, construction, commissioning, internal costs and resources.

Unlike traditional cost accounting, DMO Advisory’s cost management services are forward looking because control can only be considered on costs which have not yet been committed. DMO Advisory’s cost management constantly compares updated forecast final costs with the budget, and looks for solutions when the forecast exceeds the budget. DMO Advisory’s methodologies and extensive experience helps client’s manage operational costings which are complementary to DMO Advisory’s other core services.

Specialist Skills

  • Feasibility studies
  • Estimating and cost planning
  • Value management
  • Benefits management
  • Advice on procurement options
  • Prepare and analyse tender/bid documentation
  • Cash flows analysis
  • Cost forecasting and trending throughout the project life
  • Earned value analysis
  • Assessment of progress claims
  • Assessment of variation/change claims
  • Settlement of final accounts
  • Assistance with statutory payment obligations
  • Risk analysis
  • Contractual claims