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Cost Control Department

By the close monitoring of the projects' budget and expenditures, our Cost Control System gives a fair indication of the existence and the extent of any forecasted  problems so it is monitoring and controlling the problems during project's life cycle on time before it is too late.

The System's tools are: forecasting, cost reporting, tracking & controlling, it is where we record the budget cost of a project and compare it with the actual cost (including any approved budget changes-variation), this empowers our control points on Material Requisitions & Sub-Contractors Payments Certificates.

All Client's payments are controlled, monitored  and updated for all the  projects  through the close monitoring to  the submission date, approval date and due date of each payment as per the contractual terms .

Our Flash Reports concentrate on spreading the cost control culture among all the staff who are involved in initiating, planning, executing and monitoring any running activities in our company, introducing a guideline for the staff of the best possible practices, opening a healthy conversational channel between junior and senior staff about any critical pointed subjects, cutting the extra costs and rectify any incorrect procedure

Our Reporting System is a very powerful tool to the Top Management where they review the projects' progressive financial status which forms a fundamental base to our overall strategic organization planning. 

   
   

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E-mail: info@al-hamad.com | Website: www.al-hamad.com