Cost engineering
With cost engineering, Emcon focuses on managing costs during the life cycle of a project or product. We use methods to plan, estimate, analyze and control costs, with the aim of ensuring efficiency and effectiveness.
Important aspects of cost engineering are:
Cost estimation: Drawing up detailed estimates of the costs associated with different project phases.
Cost control: Monitoring costs during the execution of a project to ensure that they remain within budget.
Value analysis: Optimizing the functionality of a product or project while minimizing costs.
Risk analysis: Identifying potential cost risks and developing strategies to manage them.
Project planning: Integrating cost information into the project planning to use time and resources efficiently.
Cost engineering is crucial for successful project execution, because it helps to control financial risks and ensures better decision-making based on cost-benefit analyses.