Anticipating or removing cost exposures throughout the project delivery process, is based on both specialized knowledge and industry-specific experience. Sound, effective cost and change management is dependent upon the ability to know "when" financial risk exposures occur and "where" the standard cost impacts exist. While change on a project is inevitable, how change is managed can make the difference between project certainty and a project that is out of control.
Elev8's available staff has the expertise to successfully provide accurate price modeling and analysis. From project inception, a
detailed change management plan can be created, providing the framework for evaluation parameters, cost estimating procedures, and risk
determination. Regular reporting can be instituted to provide a Client with a comparative report summarizing periodic findings and recommendations for improved project financial performance.
Elev8 can also provide change cost validation services for negotiation preparation. Our estimating specialists prepare comprehensive detailed estimates to objectively evaluate each change event in order to effectively position the Client for a successful negotiation process. This process is supported through repeatable quantitative and qualitative analyses that are targeted at removing any potential price float.