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Is your project on the right track to make profit?
Do you know whether your project is on track to make the return you're expecting? Is it in good health or does it need some intensive care? With proper variation tracking, you'll have the answers to these questions and more - it is an essential part of project health checking!
The magnitude of changes throughout a project can quickly become overbearing. Sometimes at the end, it will culminate in a project that bears little or no resemblance to what was planned at the start.
As the project suddenly changes track, and then back again, and then off in a different direction, it is easy to lose sight of your liabilities, claims and deadlines. Failing to manage and maintain 'change control' as the project unfolds can, therefore, result in disastrous outcomes.
The key to keeping things under control is to review your variations on a monthly basis. You may already be doing this in some form, but if you are not or need a more structured, professional approach, Quantum CPM can help with our Monthly Variations Audit service.
Find out more about Monthly Variations Auditing.
What is Monthly Variations Auditing?
Simply put, a Monthly Variations Audit will help to reduce the likelihood of poor project outcomes, such as losses and disputes, and ensure you are in good health to stand up for yourself if a dispute cannot be avoided.
By outsourcing this essential project health checking, we can provide professional assistance through our fully qualified quantity surveyors that could pay big dividends for a relatively small outlay.
With our Monthly Variations Audit service we review your variations every month, keeping track of the different stages that variations may be at. There may be some you are aware of that will be coming up for action, but we will make sure you have notified your client in accordance with the requirements of the contract.
We can also evaluate variations submitted to the client and help get them agreed for payment - putting better systems in place for more complete accounts and fewer disputes.
Part of our Bundle of Services
Our Monthly Variations Audit service is one part of our bundle of services designed to help sub-contractors and contractors to protect themselves more comprehensively in construction projects and make sure their services can be delivered as promised with the minimum fuss or risk of financial loss. These start with Contract Vetting prior to even agreeing to work on the project, supporting every stage of the contract right through to Retention Fund Management.
For a free initial consultation, contact Quantum CPM on 0161 974 6655 or email .
Find out more about our bundle of services.