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In order to minimise unnecessary costs change on construction projects needs to be avoided. However, in many projects change is inevitable, for varying reasons. Effective cost and change management processes are able to minimise and clearly identify the impact of any proposed changes.

Hookway believes that open and collaborative teams are key to an effective cost and change strategy. In addition, clear processes are put in place to track change and will vary depending on the procurement route chosen. Ultimately any change requests made by any party need to be timely and clear, and be analysed for any potential impact prior to being agreed and implemented by the person administering the contract. Hookway will ensure that the appropriate procedures are put in place and followed to provide sound cost and change management.

Construction projects will always contain an element of risk. Potential risks can however be minimised and managed through implementation of a risk management strategy.  Hookway implement processes that include clearly identifying the risks, agreeing how best to manage or mitigate them and, ultimately, inclusion of appropriate risk allowances within the project budget if appropriate. The use of such processes aids in delivering projects on time, on budget and to the required standards.

Testimonial

“The new washroom facilities have significantly improved the internal environment and Hookway have been on-hand to efficiently project manage these works to our satisfaction.”

News

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Hookway helping house builders across the board

Ground-breaking research released by the National Housing Federation shows that England’s total housing need backlog has reached four million homes.

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Build up, not out! Vertical thinking could be the answer

Faced with increasing numbers a School in Cumbria approached Hookway to investigate the financial viability of building an extension to house three much needed additional classrooms.

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Exhibiting at the London Academies Show

We had a fantastic and busy day at the recent Academies Show in London. We chose to exhibit at this show in particular as it attracts over 300 attendees allowing us the opportunity to talk directly to some key representatives...

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