Monitoring costs is always a concern to any business sector. Even in times of plenty it is always imperative to keep an eye on the bottom line. But in times of financial difficulty ensuring costs are kept under control is of particular importance. This is why making the investment in a highly skilled and experienced chartered quantity surveyor makes all the difference in sustaining the success of a business.
The greater the experience and expertise of a chartered quantity surveyor the more accurate construction project budget projections are likely to be. Accurate budget projections allow companies to carry out more profitable projects with greater certainty that costs can be managed.
As a firm of highly qualified and experienced chartered quantity surveyors Mulcahy McDonagh and Partners are able to offer a wide range of specialised services to clients operating in the construction sector. These include professional services such as cost consultancy, property development and construction contract procurement. Over many years of working in quantity surveying for the Irish construction industry MMP have developed a wealth of knowledge and experience in a wide range of project types. Involvement with numerous unique projects has allowed MMP to gain a greater understanding of the specific factors that are likely to arise in any project. As a result their budget projections are more accurate and enable developers to bring projects in on time and in budget.
In order to facilitate ever greater levels of accuracy in cost predictions MMP actively embrace technological developments that provide powerful modelling and analytical tools for forecasting budget costs and project difficulties. BIM (Building Information Modelling) allows quantity surveyors to build accurate models of, not just a finished construction but of the entire construction project. Inputting materials, labour and transport costs into the model then provides a comprehensive cost overview of the whole project. By incorporating geographical and other data the model can also anticipate various problems that may occur over the duration of the construction.
Compiling all of this data in a digital format means that documentation for the project can be publish more easily. Savings afforded by this and other efficiencies can then be passed on to clients.