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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.

If you want to know more please call or email and we will get back to you as quickly as possible.

0117 955 4545

Cost consultancy

Testimonial

“The whole project has been a complete success from start to finish. Hookway and the builders (HBC) were a pleasure to deal with and the project management was highly professional.”

“Hookway recently secured funding through CIF to install a new playground surface (MUGA) for our front playground to help improve the PE opportunities and safety aspects for the children. The children are over the moon about their new playground, and are already enjoying safer and more interesting playtime and sports lessons.”

“We were excited to hear that we had secured the necessary funds to refurbish our tired building and, with the excellent support of Hookway, we now have a school that is fit for the twenty-first century! ”

News

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Heat Pumps: The Future of Home Heating in the UK

Heat pump technology could help reduce carbon emissions, improve energy efficiency, and reduce household bills. Read about the challenges and the opportunities associated with funding, installing and learning how to use heat pumps as an alternative to gas heating.

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CIF OUTCOME - 2022/23

The Condition Improvement Fund (CIF) 2022/23 results have been announced and Hookway is delighted to have achieved a 75% success rate on bid applications.

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Block Rebuild - Ashcombe Primary School

Hookway overcame a CIF funding challenge for Ashcombe Primary School who had major concerns around the suitability, condition and safety of its two large teaching blocks.

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