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Cost Control & Estimating

A disciplined, data-driven suite of services focused on accurate project estimating, rigorous cost tracking, and proactive financial governance to ensure capital projects are delivered within budget.

When Costs Spiral, Confidence Erodes

Uncontrolled costs are one of the greatest risks to any capital project. Without accurate forecasting, real-time tracking, and a structured cost management framework, even well-executed projects can face budget overruns, funding shortfalls, and stakeholder mistrust. From fluctuating material prices to unverified estimates and scope creep, poor cost control can stall progress and erode shareholder value.

TMG Keeps Financials Grounded in Reality

At TMG, our Cost Control & Estimating services are designed to bring transparency, predictability, and discipline to every phase of your project. We combine real-world benchmarks, detailed take-offs, and historical project data to generate defensible estimates and establish accurate cost baselines. Through our rigorous Control Budget establishment protocols, we provide full visibility into project execution performance, tracking progress against budgets and timelines to drive accountability and informed decision-making.

Accurate, Defensible Estimates

Data-backed, market-tested cost models ensure budget credibility.

Real-Time Tracking

Stay in control with earned value management and performance variance reporting.

Flexible Tools

Customized solutions built around your systems, processes, accounting, reporting, and governance needs.

Value-Driven Decisions

Informed cost evaluations enable smarter trade-offs and design optimization.

Scope & Budget Alignment

Budgets built to match your project execution plan and contracting strategy.

Predictable Outcomes

Reduced risk of overruns and improved capital efficiency through detailed reporting and cost allocations.

Precision That Protects Your Bottom Line

From early-stage scoping to real-time construction cost control, TMG’s Cost Control & Estimating services are built to support your project’s financial integrity—because every dollar counts when project success is on the line.

Estimating

TMG delivers detailed, multi-discipline cost estimates tailored to the project stage—from conceptual through feasibility, pre-feasibility, and definitive-level studies. We use current vendor pricing, historical data, and productivity factors to ensure accuracy and transparency at every level.

Control Budget Establishment

Line-by-line Capital Expenditure Estimates based solely on material take-offs offer limited value for managing execution-phase costs. At TMG, we map each element of the work breakdown structure directly to the project execution plan and contracting strategy—establishing a budget by commitment package that supports clear cost visibility and control throughout project delivery.

Integrated Reporting

Our flexible approach integrates seamlessly with your internal tools and project delivery models. Whether using your software or ours, we align estimating processes with scope definition, execution plans, and contracting strategies. We also support value engineering efforts and estimate benchmarking to validate assumptions and strengthen confidence with investors and stakeholders.

Contract Management & Construction Contract Administration

Our experts oversee pre-award planning, contract drafting, and post-award administration. We ensure terms are adhered to, change orders are managed, and performance is tracked against pre-defined milestones and payment terms.

One Source of Truth

Effective Cost Controls require that all expenditures are continuously monitored, reported, and forecast against the baseline Control Budget—tracking both commitments and actuals. This data must integrate with the Project Schedule and the corporate accounting Book of Record to enable accurate forecasting and earned value measurement. TMG’s in-house systems and tools connect seamlessly with any project cost management or accounting software to support reliable reporting, governance, and financial oversight.