Cost Management

CREDE’s Cost Management practice safeguards capital from pre-acquisition underwriting through project close-out. At a project’s infancy, our estimators produce detailed conceptual cost estimates, grading analyses, and fee studies that benchmark against regional indexes and historical data, providing rock-solid budgets for financing and pro forma modeling. During design, we drive value engineering workshops and cost-risk assessments to balance performance, sustainability, and constructability while preserving brand standards.

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Once in procurement, we scrutinize bid tabs, negotiate subcontract scopes, and enforce rigorous change-order management to control scope creep. Continuous cost-variance tracking, expenditure reporting, and final cost reconciliation give stakeholders real-time transparency, enabling decisive action to protect contingency. Post-completion, we prepare capital-reserve plans and audit final invoices, ensuring every dollar is accounted for and reinvested strategically.