DACM Project Management

best tracker

 

DACM Project Management

 

Cost Management Services

Budget Development - Developing a realistic project budget which includes all direct and indirect costs associated with the construction project is essential to a successful outcome.

Funding Analysis - We will review alternative methods of project financing and availability if requested by the project owner. We will also assist in the selection of Bond Counsel and Underwriters as appropriate.

Cost Forecasting, Analysis, & Tracking - As design and construction proceeds, we will monitor and report project costs to the owner. We will project costs based on historical experience and trends.

Project Accounting - Maintaining a project cost accounting system is crucial. This includes review, audit and approval of invoices from contractors and vendors for compliance with contract provisions.

Cash Flow Development & Forecasting - Based on method of funding the project, the the timing of expenditures will impact the ultimate amount of funds available. If the owner is either funding the project in segments or withdrawing funds periodically from relative high yielding investments to fund ongoing construction, we provide near, intermediate and long term forecasts of anticipated disbursement requirements.

Change Order Analysis - In the event that change orders should become necessary during the course of construction DACM Project Management will determine the most economical method of incorporating the change within the construction contract. We will analyze variances between the construction contractor cost proposal and the estimate prepared on behalf of the owner, and negotiate the change with the construction contractor.

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