Use Cases - 11.7.2024
Approval of a project
With the successful completion of the approvals, the construction project enters the crucial phase of cost planning and budgeting, where your visions are translated into precise financial plans.
After the approval process is completed and the stamps on the documents are dry, the construction project enters a new phase: detailed cost planning, calculation, and budgeting. This phase is crucial for the successful progression of the project and is supported by our cost controlling. It’s time to translate your visions into numbers and transform plans into concrete financial parameters!
The first step: cost planning
Imagine the construction project as a complex puzzle, where each piece must fit precisely to complete the overall picture. In the initial phase, cost planning, the project costs are systematically organized: from cost framework and cost estimation to cost calculation and cost forecast. This detailed cost determination ensures that all aspects of the construction project—ranging from materials and labor to machinery and unforeseen expenses—are clearly defined, thereby avoiding financial surprises.
The budget: the financial roadmap
The budget sets and continuously adjusts planned values. Any changes to the budget are documented and may undergo an approval process to ensure transparency and control. Cost-neutral reallocations allow for adjustments and management of reserves and risks without impacting the overall budget.
