COST MANAGEMENT & VALUE ENGINEERING

 

COST MANAGEMENT


At Yaghmour Consulting Corporation, we provide sound procurement advice, accurate cost forecasting, and effective management of change and its impact on project costs. This approach establishes a framework for achieving cost certainty and delivering true value for money to our clients. We collaborate closely with clients to ensure viable developments that meet their objectives through value-driven and efficient designs across the lifecycle of their buildings and engineering facilities. Rigorous change management, risk management, and transparent reporting ensure costs are effectively controlled throughout every stage of a project.

Our Cost Management services include:

  • Cost Modeling and Cost Planning Benchmarking

  • Value and Risk Analysis

  • Life-Cycle Costing

  • Procurement Support

  • Post-Contract Cost Management and Final Account Settlement

 

VALUE ENGINEERING


Value engineering is a structured management technique used to solve problems, eliminate unnecessary costs, and enhance both function and quality. Its goal is to maximize the value of a project by satisfying performance requirements at the lowest possible cost.

Project life-cycle costs consider not only the initial design and construction costs but also the long-term costs of operation, maintenance, replacement, inflation, and interest over the project’s lifespan. Through value engineering, we ensure that project functions directly address key uncertainties while optimizing overall value.

Our team assists clients in identifying the essential functions of a project, generating innovative solutions to deliver those functions, and evaluating these solutions based on value—the ratio of function to cost.

For more information about our value engineering services, please contact us.

 
 
CONTACT US  

Email: info@yagengineering.com

Phone:  1 306 715 3304                  

Saskatoon, Saskatchewan, Canada

FOLLOW US