top of page
Image by Gary Yost
3-01.png

INDEPENDENT COST REVIEWS

Independent Cost Reviews Capability Statement

Providing expert independent cost review services that deliver impartial, comprehensive evaluations of project costs, our proven approach ensures we are trusted and highly valued by senior decision makers.

Our rigorous assessment processes, industry knowledge, and strategic perspective ensure that clients gain clear insights and actionable recommendations to optimise financial performance. Our in-depth reviews are designed to uncover hidden costs, potential savings, validate estimates, and offer practical recommendations that enhance cost control and project value. 

Our Approach

Thorough Review Process

We perform a meticulous review of cost estimates, budgets, and expenditures to ensure they are accurate, reasonable, and in line with industry standards. This includes scrutinising financial records, contracts, and procurement activities. 

Cost Investigations

We rapidly get to know your project, programme or business operation by deep diving into your cost base, understanding your business architecture, determining the key cost driving factors and providing you with easy-to-understand breakdowns and summaries that illustrate where and how to make interventions that drive efficiencies. 

Benchmarking and Comparison

Our team benchmarks project costs against industry norms and similar projects to assess competitiveness and identify potential areas for cost savings or adjustments. 

Risk Identification

We identify and evaluate cost-related risks, including potential oversights or misestimations, and provide recommendations to mitigate these risks effectively.

Comprehensive Reporting

We deliver clear, detailed reports that present our findings in an accessible format, highlighting key issues, discrepancies, and areas for improvement. 

Actionable Recommendations

Our reports include actionable recommendations for cost optimisation, financial control enhancements, and corrective measures, aimed at improving overall cost management.

Stakeholder Communication

We facilitate discussions with stakeholders to ensure they understand the review outcomes and support the implementation of recommended changes

Our Experience

Past Events

Our independent status ensures unbiased analysis and recommendations, free from conflicts of interest, providing clients with objective insights into their cost management practices. 

 

We have carried out independent cost reviews on behalf of clients, ranging in scale and complexity from individual equipment purchases to multi-£bn investment decisions.

​

We combine expert knowledge, rigorous analysis, and a commitment to objective evaluation to provide unbiased insights and recommendations that enhance cost management and project value.

bottom of page