A Cost Estimate is the approximation of cost of a project. A problem with cost overrun can be avoided with a credible, reliable and accurate cost estimate. A cost estimator is the professional who estimate cost and the process is known as cost estimation. As project progress from Planned to Completion the variation in the Cost Estimates decreases. Any cost estimate should also take care of contigency which actually decreases as project progresses with time. Construction Cost should include all components of Labour, Material, Plant & Machinery and Overheads. There are various methods of monitoring the cost of construction project. One of the most famous method is Earned Value Analysis with deals with linked Budget even to Schedule Progress.
Exploring Aspects of Engineering
This video is for Cost Estimation.
What we do
We define the work breakdown structure for the projects and estimate cost using PERT approach on historical data. This data is spread with timeline of project for generating the cashflow which is monitored using Earne Value Analysis. We have capacity to monitor all ranges of project. Cost Estimation get detailed as the project progresses with time and needed to be monitored at regular intervals.
PMBOK & ISO 9001:2015 Standard
Construction typically follow IS Codes with various Building Codes. We take pro-active approach by implementing standards in our management. We use PMBOK standards for managing the process of our Organization. Even our Organization Management Systesms are ISO 9001:2015 certified.
Our Team loves implementing technology in construction. We have equipped ourselves with latest automation, project management softwares and applications. Few in list are Asana, Autodesk Revit, MS Project, Primavera, Zoho Application, Inhouse Inspection Softwares and more.
Young & Experienced Professionals
Energy and Expertise is perfect mix for a successful completion. We have professionals ranging from freshers to 20 years experience. Manomav is defined by implementing old age expertise with new age passion.
Abhinav Bhardwaj is IIT Delhi Alumni, Certified PMP and Active Toastmaster. He has developed various infrastructure in Mumbai, Oman and Chandigarh in past with Larsen & Toubro. In last 5 years, He has developed Technologies and Business Development Process for Manomav Engineers.
Akhil Saxena is PEC Alumni who have been part with various landmark construction in Delhi-NCR in last 5 years. His past experience includes his engagement with Unitech and Punj Lloyd like organizations
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Manomav Engineers are kind of ‘Goldilocks’ project managers who balance process with action, truly managing people to perform, not just throwing blame, anticipating problems, and building lasting relationships with clients, contractors, workers and designers.
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