Cost management is the process of planning and controlling the costs of construction projects throughout their entire lifecycle. At TTS, we embrace the philosophy that no two projects are identical and tailor our services accordingly to align with our client's internal reporting procedures while adding essential structure and control, leveraged through our rich experience spread over four decades.
As a flexible construction cost consultancy, TTS understands the complete lifecycle—from inception to completion—of a building project and possesses the ability to act as the client's cost representative throughout every phase. Our comprehensive approach ensures that cost considerations are integrated into decision-making from feasibility through final account settlement.
Our cost management services encompass budget development, cost planning, value engineering, tender analysis, contract award recommendations, change management, interim valuations, and final account preparation. We provide regular cost reports with clear projections, enabling clients to make informed decisions and maintain budgetary control throughout the project duration.
Risk Management
Risk management is an area of TTS's particular expertise, proving invaluable in protecting clients against elements of risk specific to the nature, location, and size of their projects, including design risks. Our collaborative approach to identifying, categorising, monitoring, and mitigating risks ensures that potential issues are addressed proactively rather than reactively.
We work closely with project teams to develop comprehensive risk registers, quantify potential impacts, and implement appropriate mitigation strategies. This systematic approach to risk management helps protect project budgets, schedules, and quality outcomes while providing clients with the confidence that their interests are being safeguarded.
