Cost & project management
Make decisions with confidence at every phase of the development and infrastructure lifecycle
Our practice has been operating in Canada since 1958 – with a history like this, we understand the complexities of the construction industry and how it evolves over time. Our Cost and Project Management team is made up approximately 175+ staff in offices across the country.
Our team is made up of development consultants and include quantity surveyors, project managers, professional engineers, construction contract specialists, schedulers, procurement managers, infrastructure specialists, technical advisors, asset management advisors, sustainability specialists and building science consultants.
Our knowledge and experience across all asset types ensures that our services are tailored to each project, delivering dependable, accurate, and valuable independent advice.
Benchmarking and performance analysis using real-world data
Leverage the largest database of construction cost, key metrics and schedule to support your development decisions.
billion dollars of tracked construction value
million square feet
Asset and facilities managementcost-project-management
Understand the current state of your facilities and their maintenance practices so you can make asset and operation decisions.
Reduce project risks and construction costs with sound procurement, contract and dispute resolution strategies.
Cost Escalation Reportcost-project-management
Accurately assess construction cost escalation by trade, for better budgeting and forecasting.
Cost estimating & pro formascost-project-management
Set realistic budget and development scenario expectations and maintain them.
Keep decision makers informed with insights and data from experienced development consultants.
Development due diligencecommercial-property-tax cost-project-management valuation-advisory
Make sure your development or redevelopment play makes sense.
Distressed development & workout solutionscost-project-management
Clarity on project viability for lenders, developers, trades and court-appointed trustees, monitors, receivers & managers
Financial due diligencecommercial-property-tax cost-project-management valuation-advisory
The financial insight and transparency you need to avoid misinformed acquisitions.
Minimize risk and enhance control measures on infrastructure projects with impartial expert advice.
Physical due diligencecost-project-management
When buying a commercial asset, it’s important to have the property’s condition physically inspected and assessed from a financial risk perspective.
Project & loan monitoringcost-project-management
Get peace of mind with accurate reporting on construction progress and cash flow from an independent project monitor.
Deliver successful developments with hands-on project management and controls.
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Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
Informing our community
Stay current with the latest news and analysis regarding matters that impact your business and community.
Facilities maintenance 101: How to get the most from your maintenance budgetbu-cost-project-management operation asset-and-facilities-management
Oct 20, 2020
If you own infrastructure, you need to maintain it effectively and allocate sufficient funds to do so. The consequences of continually deferring maintenance are serious, will lead to business continuity issues and, at worst, health and safety compromises.
The 7 keys to successful facilities maintenancebu-cost-project-management operation asset-and-facilities-management
Oct 20, 2020
Facilities maintenance is crucial to keeping deferral costs down and preventing premature building failure, and what is most important is to ensure the right maintenance is carried out as effectively and efficiently as possible. In order to achieve success in facilities maintenance, and effectively mitigate risk and improve outcomes, a business should always consider these seven keys.
Opinion piece | COVID-19 impact on construction costs and escalation (part deux)bu-cost-project-management development cost-escalation-reportcost-estimating-pro-formasdevelopment-consultingdistressed-development-workout-solutionscontract-solutions-1project-management
Sep 30, 2020
An update to Marlon Bray's March post on how the pandemic would impact construction costs and escalation on the short, medium and long term.
Construction cost escalation – not all sectors and trades change at the same pacebu-cost-project-management development cost-escalation-reportcost-estimating-pro-formascontract-solutions-1development-consultingdevelopment-due-diligencedistressed-development-workout-solutionsproject-loan-monitoringproject-management
Aug 31, 2020
It’s very common for developers, contractors and consultants to estimate construction cost escalation, for all asset types and trades, based on a single number or range. This is dangerous and can lead to grossly inaccurate development budgets and forecasts, and more time (and money) spent on contingency plans down the road.
What happens next? Strategies and precautions for construction real estate developers during COVID-19bu-cost-project-management development operation contract-solutions-1distressed-development-workout-solutionsdevelopment-consultingcost-estimating-pro-formasproject-loan-monitoring
Apr 22, 2020
Reductions in on-site labour, temporary construction shutdowns, and new site working protocols due to the COVID-19 pandemic, will cause the real estate and construction industry to feel the effect of this virus for months, and possibly years to come. The following identifies some of the risks, and provide some guidance on key strategies that owners and developers can follow going forward.
CMHC’s Rapid Housing Initiative – Your questions answeredbu-cost-project-management bu-valuation-advisory acquisition development property-appraisalsmarket-feasibility-studiesdevelopment-consultingcost-estimating-pro-formasphysical-due-diligence
Oct 7, 2020
Ongoing answers to your questions about CMHC's Rapid Housing Initiative. This program was launched to address housing affordability and homelessness in Canada's most vulnerable communities.
Infrastructure projects: Managing project delivery risk in the new environmentbu-cost-project-management development infrastructure-advisory
Jun 16, 2020
Managing infrastructure project delivery risks in the ‘new environment’ requires an appreciation of current developments and how these changes affect infrastructure projects moving forward. What are the current risks and/or influencing factors? And, how could these be mitigated in the near and long term?
Infrastructure projects: Managing project feasibility / planning & procurement risk in the new environmentbu-cost-project-management development infrastructure-advisory
Jun 10, 2020
With infrastructure projects, there are always a multitude of unknown risks and activities that occur during the conceptual development of the project and surround the project feasibility/planning and procurement phases.
Cost plans & estimates – the most underused problem-solving tools in the construction industry?bu-cost-project-management acquisition development cost-estimating-pro-formasdevelopment-consultingdistressed-development-workout-solutionscontract-solutions-1project-managementproject-loan-monitoring
Jun 1, 2020
Cost estimates are one of the best problem-solving tools an owner, design team and construction manager have at their disposal. However, they are often treated as a formality, pulled together for compliance, when the wealth of information that is contained is often lost and rarely fully-leveraged to the extent it should.
Stitch in time saves nine – How to use this pause in construction to save on your next developmentbu-cost-project-management acquisition development cost-estimating-pro-formasdevelopment-consultingdistressed-development-workout-solutionscontract-solutions-1project-managementproject-loan-monitoring
May 12, 2020
With a desire to keep soft costs down, there is a reluctance amongst owners to invest more in the design and tendering phases of the project development. However, spending a bit more on the design team prior to construction seems to make a lore more sense, especially with millions of dollars in savings being left on the table.