Cost Estimating & Management

In planning, designing, and constructing projects, cost is of prime importance. It is continually present from concept through successful building occupancy and use. RLB plays a major role in managing construction costs against the budget. Our construction cost managers perform alternative cost studies and cost control throughout the design development, value engineering, and construction phases, including negotiation through the change order process.

Cashflow Modeling

Engagement of RLB early in the project development phase to reconcile planned versus actual expenditures ensures our clients can maximize gain by effectively managing the opportunity costs of their investments and weather any external risks.

Working collaboratively with our clients, we apply technical and management expertise supported by input from subject matter experts to develop cashflow curves (Budget vs Actual vs Earned) throughout the project’s progress. RLB implements the Earned Value Management (EVM) concept to accurately calculate key performance indices, such as the Cost Performance Index (CPI), Schedule Performance Index (SPI), and Risk Performance Index (RPI). Our EVM concept can be applied at the project as well as the overall master program level.

Risk Management & Assessment

Risk Management

In order to provide our clients with the ability to make confident, informed, and timely decisions, and to eliminate wasteful spending and avoidable delays, our team of experts will work diligently to manage elements of risk for your project.

Risk management entails implementing the project risk management plan. By tracking risk, we will be able to effectively manage individual risk items, develop mitigation efforts, and continue to evaluate the efficacy of the risk management plan and prevention strategies.

Risk Assessment

Our goal is to help stakeholders identify potential risk, before it costs them time and money. Our risk assessment services occur early in the timeline of a project and involve qualitative and quantitative analysis.

Our team will identify project risks and prepare a comprehensive risk management plan that establishes how risk will be managed, categorized, and evaluated.