Frequently Asked Questions
What is a variance in cost control?
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Variance in cost control refers to the gap between planned and actual construction costs. Stonehaven monitors cost variance using structured change order processes and baseline management tools.
How does Stonehaven manage variances?
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Stonehaven controls variances through proactive variation and change management services, real-time tracking, and construction cost management controls that reduce financial risk.
What are the common causes of cost overruns in projects?
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Cost overruns are often caused by poor scope control, change order delays, and weak contract administration. Our variation management services address these with clear change procedures and approvals.
How do you handle cost changes in cost planning?
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We handle cost changes by integrating cost impact analysis, contract variation management, and construction change order documentation into your ongoing cost plan.
What tools and techniques does Stonehaven use to perform estimating?
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Stonehaven uses quantity takeoffs, cost analysis construction software, benchmarking, and BIM change management tools to support variation forecasting and cost estimating.