MissionAbout us

Traccoh is involved in directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality and participation satisfactory

Construction management approach

Working with the owner from the beginning and making recommendations on design improvements, construction technology, schedules and construction economy

Proposing design and construction alternatives if appropriate and analyzing the effects of the alternatives on the project cost and schedule.

Monitoring subsequent development of the project so that the targets are not exceeded without the knowledge of the owner.

Coordinating the procurement of material and equipment and the work of all construction contractors, changes, claims and inspection for conforming the design requirements.  

Cost control, Monitoring and Accounting

A development budget is always undertaken to determine the total costs and the returns expected from the project. Therefore a cost plan is prepared and includes all the constructions costs including professional fees and contingencies.

The project budget

For cost control on a project, the construction plan and the associated cash flow estimates provide the main reference for the subsequent project monitoring and control

A project is expected to be under financial control by ensuring that the costs are within the detailed cost estimates. Overruns in some cost categories signal the possibility of a problem and indicate the exact problems being encountered.

For the purposes of control and monitoring, the original detailed cost estimate is usually converted to project budget which is used as a guide for management.

The project budget also includes the Information on material quantities and labor inputs

The following is an illustrative set of project cost account

Main functions

Specification of the project objectives and plans including scope, budgeting, scheduling, setting performance requirements and selecting project participants

Maximization of efficient resource utilization through procurement of labour, equipment and materials according to the prescribed plan and schedule

Implementation of various operations through proper coordination and control of planning, design, estimating, contracting and construction through out the process

Development of efficient communications for resolving conflicts among the participants

Management approach is based on the following:

Initiation. Here we carry out the pre-planning process

Planning and design. It involves the conceptual design, schematic design, design development, construction drawing and construction administration

Execution and construction

Monitoring and control

Completion of the project

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