Building services can represent over 50% of total construction costs. Insufficient expertise in the economics of this significant component of a project increases exposure to loss.
Insufficient information of building engineering services cost can significantly increase risk.
Engineering Services Cost Management (ESCM) integrates engineering and cost management expertise.
Time efficiencies are achieved through facilitation and coordination of services. ESCM informs the design and installation processes.
Greater accuracy in estimating and budgeting with ESCM supports the negotiation process.
ESCM contributes to higher level of effectiveness in the cost management of projects.