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Project Cost Estimating, Control & ProcurementK Home International recognises that once a project is sanctioned, it is crucial that it satisfies the project objectives and is delivered within the agreed cost and timeframe parameters.KHI operates a robust cost estimating, reporting, management and forecasting system. A work breakdown structure is developed at the estimate stage which is fully costed and linked to the project schedule.This integration allows cost and schedule to be managed simultaneously, ensuring both are subject to constant review throughout the project.KHI employs a number of techniques to challenge the project throughout its life cycle, ensuring that best value is provided to the client:
- Detailed schedule analysis using Primavera, Microsoft project or similar
- Techniques of Lean Scheduling
- Earned Value Analysis
- Statistical Analysis
