Introduction
A cost consultant is an important part of any business or organisation. Their role is to help manage and control costs associated with projects, ensuring that funding is available and that budgets are not exceeded.
In this article, we will rank and review the top 7 cost consultants in the industry. We’ll examine what they do and why they are so important to project success.
What is a cost consultant?
A cost consultant is a professional who provides advice and services relating to the cost of building projects.
They are usually employed by architects, engineers, project managers, or other professionals involved in the planning and construction of buildings.
Cost consultants work with their clients to ensure that the cost of a project is within the budget and that funding is available. They may also be involved in the negotiation of contracts, the management of construction projects, and the preparation of cost reports.
Why are cost consultants important?
Cost consultants play a vital role in the success of construction projects. They help to ensure that project costs are controlled and that funding is available through providing cost certainty.
How do cost consultants work?
Cost consultants typically work with their clients on a project-by-project basis. They will review the cost of a project and make recommendations to their clients on how to control costs.
They may also be involved in the negotiation of contracts, the management of construction projects, and the preparation of cost reports.
What are the benefits of working with a cost consultant?
There are many benefits to working with a cost consultant. Cost consultants can help to ensure that project costs are controlled and that funding is available and can also help to save time and money by identifying potential cost savings during the planning stage of a project. Additionally, cost consultants can help to avoid cost overruns by providing accurate cost estimates.
Top cost consultants to maximize the budget of your next project in 2022
Mace
Overview
Mace is a global expert in shaping the built environment with strong values. They always look for a better way to create and deliver value to clients. One of their core values is integrity, which means they always aim to do the right thing, not just what is easy or quick.
Mace has completed projects of every scale. They pay attention to safety and are client-focused.
If you are looking for a consulting, development, constructing, and operating company that will lead your projects completely, Mace might be the perfect fit for you.
Services
- Cost consultancy team
- Development
- Land acquisition.
- Planning
- Property rationalisation
- Funding and management.
Final thoughts
Mace offers cost consulting services to its customers. They are a company with strong values and they have a unique selling point.
Mace is a global company that provides cost consulting services to its customers. They have been in the industry for over 30 years and have the experience needed to provide quality service.
One of their unique strength is that they offer a range of different services for different sectors which allows them to adapt better to various industries’ needs.
Gardiner
Overview
Gardiner & Theobald is an independent construction and property consultancy working across all sectors of the built environment.
They focus on minimising risk and creating opportunities to maximise the value of thier clients’ developments and property assets.
Gardiner deliver Project Leadership, Commercial Success, Construction Excellence and Specialist Consultancy working across all sectors of the built environment. Gardiner & Theobald is one of the most ethical firms in the built environment.
Each year the firm and individuals support charitable causes through their social impact programing back to the communities we help to build.
Services
- Cost Planning and Cost Management team
- Development and Project Management
- Portfolio & Programme Management
- Implementing robust control processes and procedures
- Contractual advisory services
Final thoughts
Founded in 1835 in London, from the beginning focused on minimizing risk and creating opportunities to maximize the value of our clients’ developments and property assets.
Gardiner is an independent construction and cost consultancy for the built environment. They provide their customers with a service that is tailored to their needs, which means that we can offer a bespoke service.
Alinea
Overview
Alinea’s core service is cost consulting. They are guided by a clear vision, strong values and the best people.
Everything they do starts with a ‘Why?’, so Alina aim for the ultimate objective: a successful project and a happy client.
Next, they ask themselves How? And finally What?. – What can we do to achieve a strong focus on cost advice, while appreciating that the economics of construction are driven by every input from every team member.
It is this clear three stage protocal that has made Alinea one of the stand out cost consultant in the industry today.
Services
- End to End Best Practice Advice
- Project Budgeting
- Smart Buying advice
- Cost controlling
Final thoughts
Alinea is one of the leading companies in the field of cost consulting company.
Alinea has managed to keep its vision alive and strong. They always put their customers first, which is why they offer cost consulting services to help them find the best solutions for their needs.
Pickeverard
Overview
Pick Everard provides the complete consultancy service needed to deliver property and construction projects. Delivered through 13 UK offices, the firm employs over 600 staff, and has operated for over 150 years within the UK property market.
Their aim is clear; to be the Most Highly Regarded Consultant in the Property and Construction Industry.
We believe the industry can do better – delivering programme and project more efficiently, more collaboratively and with better outcomes for clients, their stakeholders and communities.
Services
- Cost Consultants & Quantity Surveyors – To achieve maximum value for money in today’s market, it’s crucial to build robust cost planning and value management into every project right from the start.
- Leading BIM consultant in the UK
- Project Managers
- Chartered building surveyors support clients to manage, improve and develop all aspects of their property estate and establish sound facilities management.
- Advisory Services
Final thoughts
Pick Everard’s mission is to be the best consultancy firm in the industry and they are moving in the right direction to achieve that goal.
The Company was founded with a desire to make the industry better.
They believe that this can be done by working with clients collaboratively and innovatively, delivering projects of the highest quality, and providing an exceptional service experience.
Arcadis
Overview
Arcadis is the world’s leading company delivering sustainable design, engineering, and consultancy solutions for natural and built assets.
Arcadis are more than 29,000 people, in over 70 countries, dedicated to improving quality of life.
With sustainability at the heart of everything they do, their focus is on maximizing the impact aimed at improving quality of life.
Leveraging data and technology, Arcadis have the capabilities and services to meet client demands driven by global trends such as urbanization, climate change, digitalization, evolving stakeholder expectations, and potential unforeseeable events.
Services
- Cost and Commercial Management, their International Construction Costs index (ICC index) shows the relative costs of construction for 100 of the world’s cities across six continents.
- Architecture
- Asset Management
- Business Advisory
- Design and Engineering
- Environmental Restoration
- Program Management
Final thoughts
Arcadis is the world’s leading company delivering sustainable design, engineering, and consultancy solutions for its customers.
Arcadis uses innovative techniques that aim to reduce the impact on natural resources while improving the quality of life for people around the world.
Arcadis’s close proximity to the live cost updates of the industry elite make them the perfect consultant of choice to ensure the granular detail of costs are being monitored and improved upon where possible.
Bain
Overview
Bain are a global consultancy that helps the world’s most ambitious change makers define the future.
Across 63 offices in 38 countries, Bain & Company work alongside their clients as one team with a shared ambition to achieve extraordinary results, outperform the competition and redefine industries.
Their 10-year commitment to invest more than $1 billion in pro bono services brings talent, expertise and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development and the environment.
Services
- Cost Transformation, align costs with strategy and focus on growth
- Sustainability & Responsibility, embed principles that become a source of ongoing and increasing value
- Customer Experience, Deliver great customer experiences that increase loyalty and decrease costs.
- Agile, Become faster, more flexible, and intensely customer-focused.
Final thoughts
The Bain approach to cost management is based on the idea that a company’s success should be measured by how much value it creates for its customers and how much value its employees derive from their work.
One of the reasons for Bain’s success is that they are committed to creating long-term value for their clients.
Aecom
Overview
AECOM is the world’s trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for generations to come.
AECOM are trusted advisors — planners, designers, engineers, consultants and program and construction managers — delivering professional services spanning cities, transportation, buildings, water, new energy, and the environment.
Working throughout the project lifecycle,they are one team driven by a common purpose to deliver a better world.
Services
- Architecture and Design
- Asset Management
- Construction Management
- Cost Management
- Digital Infrastructure Services
- Environmental Services
- Multinational Investment and Development
- Planning and Consulting
Final thoughts
AECOM is a professional services firm that provides design, consulting, construction, and management services to public and private clients.
They work on some of the world’s most complex challenges like designing sustainable infrastructure solutions that protect natural resources and improve quality of life.
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