Cost Management

Monaghans offer a diverse range of Cost Management services encompassing traditional project Quantity Surveying services as well as a number of specialist services as part of a holistic procurement strategy which provides best value.  This value is logged throughout our projects and our services to allow our clients to invest with confidence.

Our services continually deliver savings far in excess of our fees, positively impacting bottom line spend and project return, whilst balancing the appropriate levels of risk based on individual client ethos.  We ensure projects represent best value in the market place, and consistently demonstrate delivery below published benchmarks, with cost certainty and fewer disputes.

Cost Management is real-time, and we continue to embrace technology to support our specialist delivery, leading in the UK on BIM integrated Cost Management.

Strategic Cost Management

We provide strategic Cost Management services to ensure projects are set up for success, balancing attitude to risk with cost and programme certainty.  Our strategic services include:

  • Procurement & Contract Strategy Development

  • Optioneering Studies

  • Business Case Preparation

  • Value Management and Engineering

  • Risk Management and Mitigation

  • Benchmarking Studies & Process Reviews

Project Quantity Surveying Services

With a culture which ensures attention to detail across all areas of project spend, our project delivery services provide best value whilst also giving cost certainty, control and confidence to our clients.  Our Project Quantity Surveying Services include:

  • Project Briefing
  • Feasibility Cost Advice
  • Cost Planning and Modelling
  • Options Appraisals
  • Developed Design Cost/Budget Reviews
  • Project Tendering and Negotiation
  • Tender Review and Reporting
  • Agreement of Contract Amendments
  • Contract Documentation Collation
  • Contract Advice and Administration
  • BIM Management and Integration
  • Employers Agent Services
  • Cash Flow Forecasting
  • Change Management and Valuation
  • Project Valuations
  • Final Account Preparation

Specialist Services

As part of a holistic Cost Management service, Monaghans are able to provide a number of specialist value-adding services beyond traditional project Quantity Surveying services.  These services include:

  • MES Quantity Surveying
  • Directs and FF&E Procurement
  • Taxation and Capital Allowances Reviews
  • Grant Applications
  • Due Diligence Reviews
  • Expert Witness
  • Cost in Use and Life Cycle Costing
  • Insurance Valuations and Reinstatement Valuations
  • Claims Support

Development and Fund Monitoring

Monaghans provide monitoring services to a number of banks, investment funds and landlord/developers.  Our services are risk focused and we provide simple, clear reporting to enable informed investment decision making and clarity on project status.  Our services can encompass the following:

  • Initial Audit Report
  • Project Stress Testing
  • Funding Agreement Compliance
  • Procurement Strategy Reviews
  • Distressed Project Reviews and Intervention
  • Project Health Checks
  • Risk Management and Mitigation
  • Performance Management
  • Programme Reviews
  • Progress Reporting
  • Progress Valuations
  • Completion Reporting and Audit

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    "Thanks for all your hard work and determination to achieve the programme - a phenomenal achievement by any standards."

    Project and Programme Manager

    Whitbread

    "Monaghans have provided us with an excellent service on our hotel and residential development projects allowing us to make informed decisions on project matters, resulting in successful outcomes.  We value their positive approach to our projects and look forward to working with them again in the future."

    Director

    Sculpture Real Estate

    "Monaghans have provided us with an excellent and informed service on our residential developments and have managed both our small scale 30 unit schemes and our largest regeneration opportunities exceeding 2000 units with the same professional and personal approach that we desire."

    Director

    Crucible Limited

    "Monaghans have been integral to the successful delivery of numerous Ivy Collection restaurants, often delivered within challenging timescales. A pleasure to work with and an integral member of the property team."

    Head of Development

    The Ivy Collection

    "Monaghans were excellent throughout the relocation to our new HQ, they supported us brilliantly throughout the process in a variety of different ways. Their professional approach and negotiation skills have produced great results."

    Managing Director

    Pricecheck

    "Their Project Managers are pro-active and enthusiastic... They have a good eye for detail and a firm understanding of the pressures associated with fast track retail projects"

    Monsoon Accessorize

    "Amazing job, to say I am thrilled is an understatement."

    Head of European Construction Finance

    TJX

    "The success of Peterborough has been a result of your dedication, attention to detail and teamwork. You have been the glue holding everything together and you are a credit to Monaghans. You have played a pivotal part in keeping everything on track - for this, I am extremely grateful.

    I can honestly say you would be very welcome on any of my future projects. It would be my privilege to work with you again."

    Construction Programme Manager

    John Lewis & Partners

    "...your efforts have consistently gone beyond those expected and I fully acknowledge that these efforts are greatly progressing the project."

    Development Director

    Trivselhus

    "Congratulations, three in a week all successfully opened as planned."

    Primark

    "We have worked with Monaghans on a number of projects over the last 5 years. They have become my partner of choice for QS and Project Management in this time, going beyond their remit and delivering benefits way past what we were expecting."

    LaGardere

    "Monaghans have created massive cost savings and are very proactive in their approach."

    Senior Project Manager

    Specsavers

    "Taking on Monaghans has probably been the best decision I've made this year!"

    Managing Director

    Sevenhills Estates

    "Thank you for your outstanding contribution to our first store in Italy. Your collective team effort was significant and you should be very proud of your team's achievements on a very testing project."

    Head of Construction

    Primark