Project, Cost & Quality
Advantages for project owners
The predictability of lump sum contracts is the primary benefit to project owners. The owner can expect the project to be completed within budget and often more quickly so that the contractor can maximize resources and save on labor costs. Lump sum contracts also render little financial risk for owners as the contractor is responsible for any cost overruns. These factors make it easier for project owners to obtain financing since lenders prefer to fund defined projects with clearly delineated costs.
However, lump sum contracts have specific criteria that can be both a benefit and a hindrance to a construction project.
Project Management
We offer outstanding project management across the entire lifecycle. From designing to delivering revolutionary transport infrastructure, our work for clients spans some of the most complex projects in the world. We master complexity by combining our creative thinking with the most innovative technologies, so that we can bring our clients’ projects to life with maximum impact.
TranSul’s project and cost management team includes experienced quantity surveyors with a combined experience of over 30 years. Their services range from project conception to design development and include advice on procurement and tendering methodologies, management of the procurement process from tenderer selection through tender evaluation to contract award, and post-contract administration, leading to the agreement of the final account, including the resolution of potential contractual disputes.
Cost Management
The firm’s QS specialists are an integral part of the design and project management team on projects of all sizes and levels of complexity.
What sets TranSul apart is that its cost managers and quantity surveyors are fully integrated into the engineering environment to provide an effective means of achieving the client’s objectives. They contribute to projects with in-depth knowledge of built environment design and the concerns of designers and clients. They share the firm’s commitment to sustainable development, project performance and life-cycle analysis.
The capital cost of a construction project is largely determined by decisions made by the client with their design team. The best outcomes are possible when each decision on the scope or quality of the project is made in the full knowledge of its impact on cost and the value that it provides to the client’s business.
TranSul’s teams know that effective cost management comes from total integration into the design process. As full members of the project team, they use proven procedures and systems designed to give full access to current information on the budget and forecast cost to completion, thereby helping to shape the evolving design to match the client’s aspirations.
Cost planning and value management include the evaluation of alternative design against the client’s value criteria for function, quality and durability. The evaluation techniques enable the design team to optimise the design to fit within the client’s budget.
Cost control is achieved through formal change control procedures and regular cost reporting. This is designed to give up to-date cost information to the client and the designers and to provide a full audit trail of changes against an approved budget.
Quality Management
Our quality management team ensures that they maintain service realization procedures and protocols for all services rendered by TranSul. This ensures that all customer needs are clearly identified and comprehensively addressed during service delivery.
Through our quality management system, we regularly identify employee requirements based on the current and projected industry requirements and ensure these requirements are fully met. We annually update our quality management protocol to be in line with international best practice to ensure better service delivery.
