The budget is going for approval
Independent verification of completeness and basis is needed before commitments are made.
Advisory & Project Recovery B6
Independent cost and schedule review
A short review before a large decision: do the stated budget and schedule survive professional scrutiny. Faster and cheaper than a full audit, used at project entry or before approval.
How it is bought
- Format
- Fixed-price express product
- Duration
- 2–4 weeks
- Fee
- Fixed price per deliverable package
- Who it is for
- Investors and lenders — before a deal, or when a project is in doubt
- Projects
- 2 projects
We reply within 1 business day. A commercial proposal follows within 5 business days of the scoping meeting.
In substance
What Cost & Schedule Review is
A product for investment committees, lenders and boards: a second opinion on cost and time before approval. What is tested is not the numbers themselves but their basis — quantity completeness, schedule logic, assumptions, contingency and long-lead treatment.
When you need this service
The schedule looks doubtful
The stated date appears optimistic but there is no argument to challenge it.
Delivery options are being compared
Cost and time assessment is required across several scenarios.
Contingency is unsupported
Contingency is set as a percentage with no link to the risk register.
What we do
Quantity and estimate completeness
Estimates reconciled against design documentation; omitted works and understated quantities identified.
Schedule quality assessment
Logic, open-ended activities, duration and resource realism, and the presence of a meaningful critical path.
Assumptions and contingency
The basis of assumptions and contingency tested against the risk register.
Long-lead treatment
Whether the schedule reflects genuine equipment lead times.
Opinion
A schedule of findings with cost and time impact, and correction recommendations.
Deliverables
Deliverables
The specific documents, reports and management products that remain with the client.
- Budget opinion: completeness, basis, risk
- Schedule opinion: quality, realism, critical path
- Schedule of omitted works and understated quantities
- Contingency adequacy assessment
- Estimate of probable cost and schedule deviation
- Correction recommendations before approval
Client outcomes
A second opinion before commitment
Findings arrive before the budget is approved, not after it is spent.
Justified contingency
Contingency is tied to risk rather than to a percentage.
Fast and low-cost
Two to four weeks — a format that fits an investment committee cycle.
Arguments for the contractor dialogue
Findings are expressed in verifiable form.
FAQ
Frequently asked questions
Not answered here? Write to us and we will respond on your case.
A cost and schedule review analyses documents: budget, estimates and schedule. A full audit adds on-site quality and quantity verification, contract review and factual status assessment. The review suits pre-start or early stages; the audit suits a project in progress.
Usually not — the work is document-based. Sample site visits may be needed if the project is already under construction.
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Shall we discuss your project?
Tell us about the asset and the current stage — we will propose a working format and team composition. A commercial proposal follows within five business days of the meeting.
We reply within 1 business day. A commercial proposal follows within 5 business days of the scoping meeting.