Expert Project Auditing & Risk Analysis
In the construction industry, it’s essential to ensure that every project stays on track, meets budget requirements, and adheres to all regulatory standards. ACP Quantity Surveyors offers expert project auditing and risk analysis services designed to provide detailed, objective assessments of your project’s financial and operational health.
With over 30 years of industry experience, we help you develop project management processes and mitigation strategies, avoid delays and potential risks, and maintain control over your project’s success.
Detailed Construction Budget Reports
Our construction budget audit reports are designed to give you a complete and independent assessment of your project’s financial landscape. We start by delivering an accurate estimate of construction costs, ensuring your budget is realistic. Additionally, we conduct a thorough review of all council and statutory approvals to confirm that the necessary permits are in place and valid.
Our team also verifies the currency of your project’s insurance coverage, ensuring that it remains valid throughout the construction process. We assess the anticipated construction period, identifying potential delays and providing solutions to help you stay on schedule. We review your building agreement to ensure that it aligns with your project’s goals and complies with all relevant regulations.
Additionally, we evaluate the adequacy of your project documentation, ensuring that it’s legally sound and ready to be submitted for council approval. To maintain financial stability, we conduct an in-depth analysis of your project’s cash flow, identifying any areas of concern. Lastly, we investigate the currency of the builder’s licence to confirm that it’s valid and in compliance with state and federal requirements, protecting your project from potential liabilities.
Accurate Progress Valuation Reports to Keep You on Course
Monitoring project progress is critical to ensuring a smooth build. Our progress valuation reports assess the remaining costs to complete the project and compare them with the original budget. We also forecast potential variations and analyse their impact, helping you avoid any financial surprises due to project risks.
Our experts evaluate the current work progress to ensure it aligns with the construction plan and contractual obligations set by key stakeholders. Based on these evaluations, we provide recommendations for progress payments, ensuring that contractors are paid fairly while helping you maintain financial control throughout the project.
Why Choose ACP for Project Auditing & Risk Analysis?
ACP Quantity Surveyors stands out as a leader in the field of project auditing, risk analysis and risk management. With over three decades of experience in both residential and commercial projects, our audit team offers unmatched expertise and insight. Our in-depth understanding of the complexities of construction projects allows us to provide detailed and reliable audits.
Furthermore, our team’s recognition as court-certified expert witnesses means that our findings hold significant weight in legal disputes, giving you an added layer of protection and credibility.
Construction Budget Reports
In order to confirm the adequacy of a development budget we can prepare a Construction Budget Report that outlines key risk aspects of the project including:
- An independent estimate of construction costs
- Review of council and statutory approvals
- Review of the currency of project insurances
- Independent assessment of the anticipated construction period
- Review of the building agreement
- Review of the adequacy of project documentation
- Analysis of the project cashflow
- Investigation of the currency of the builder’s licence
Progress Valuation Reports
During the construction stage of the development we monitor the progress of the work on site and prepare a Progress Valuation Report advising our clients of updates relating to the following critical issues:
- Cost to Complete the project
- Forecast Variation costs
- Actual progress of the works
- Progress Payment Recommendations
The provision of project auditing and risk analysis services to Financial Institutions is one of the core skills upon which our practice was founded.
ACP Quantity Surveyors provides reports to identify all the key risks associated with your development including a review of project costs, documentation and project cash flow as well as an update of forecast variation costs.
Our reports can be used by any owner, developer or financial institution that has an interest in minimizing project risk.
Secure Your Project’s Success Today
Effective project auditing and risk analysis are essential to the successful completion of any construction project. With ACP Quantity Surveyors, you can be confident that your project will be thoroughly audited and risks assessed. Give us a call on 1300 550 311 today to schedule a consultation to discuss audit objectives and take the next step toward a successful project outcome.