Cost to Complete Analysis

Cost to Complete Analysis

Construction projects may experience delays due to various factors such as budget constraints, securing new contractors or lenders, weather conditions, material or labor shortages, permitting issues, or project stoppages. When construction is delayed, CIS Inspects can assist in realigning your project with our Construction Cost-To-Complete Analysis services.

Construction projects frequently encounter risks that can lead to delays, cost overruns, and incomplete projects. Our Cost-to-Complete reports can evaluate both the completed and remaining construction work. From the documents provided, our comprehensive analysis considers all costs incurred and outstanding payables, ultimately calculating the total investment required to complete the project. After reviewing documents, a site visit is conducted to assess progress to date and review all costs to date.

Our analysis and reports are customized to the client's specific project requirements.

Percentage-of-Completion Analysis - At CIS Inspects, we conduct a thorough site and document review of partially constructed projects to determine the percentage of completion. This inspection involves reviewing available project plans and specifications. The data gathered is used to develop an accurate Percentage of Completion Analysis to ascertain whether the remaining budget will suffice to complete the project.

Cost-to-Complete Analysis - Our Cost-to-Complete Analysis identifies the budget necessary to finalize a project that has been interrupted due to factors such as contractor non-performance or financial setbacks. A detailed site inspection determines the extent of construction completed. Subsequently, a budget is developed to finish the project. This process includes a detailed breakdown of current material and labor costs, costs of land acquisition, and development expenses, analyzing variances between initial estimates and actual expenditures, and creating a comprehensive budget of the funds needed to complete your project.