A feasibility study is used to determine if a project is economically viable. The study includes creating a financial plan, preparing a site assessment, and contacting the public agencies with jurisdiction in order to properly assess the relevant requirements, all while taking into account technical, economic, financial, legal, and environmental considerations.
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Construction analysis is used to confirm that all project documents are clear and comprehensive, and to ensure that each scope of work is coordinated between professional disciplines. The analysis ensures the accuracy and completeness of the plans, which verifies that the project is feasible.
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Cost estimating is a comprehensive calculation to determine the total budget needed to complete a project, taking into account all construction elements, materials, and scopes of work.
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Value engineering is an in depth analysis of the different components and materials for each project, taking into account the viable alternatives, in order to lower cost of goods, products and services used. The purpose is to increase the value of the project by satisfying the performance requirements at the lowest cost possible.
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Life Cycle Analysis is used to evaluate the environmental impacts of a product from fabrication to final disposal/expiration.
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A project schedule is a timetable that organizes tasks, resources and deadlines in an optimal sequence in order to ensure that a project can be completed on time.
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Total quality management (TQM) is a management technique that incorporates the concept of goal setting, visualization and accomplishment for all members of an organization in an attempt to consistently deliver high quality services to its clients. TQM creates a work-place climate optimized to ensure both quality and productivity.
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Cost control is a component of project cost management, which involves tracking how a project's spending varies from baseline expectations throughout the life of the project. Effective cost control measures make it easy to quickly determine whether corrective plans need to be created and implemented.
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Compliance management is the ongoing process of monitoring and assessing systems to ensure they comply with industry and security standards, as well as corporate and regulatory policies and requirements.
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Construction project closeout is the final phase of the project's lifecycle. It includes collecting and packaging all end-of-project deliverables for presentation to the owner.
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