Our Top Tips for a Robust Capex Strategy and Business Case
Capital Expenditure Capital is any short-term asset with the ability to generate new or increased value. Capital expenditure – abbreviated as “CapEx” involves purchasing, investing or developing long-term assets to improve a business’s operations. This may...
Simple ways to implement open book accounting revolutionize cost-based contracts
What is Open book Accounting Open book accounting (OBA) is a practice popular in supply chain management and in its simplest form, it is a safer business practice where a business shares key financial information with key stakeholders e.g. funders, clients, suppliers,...Top 3 Emerging Costs for Infrastructure Projects
The world is unravelling and changing by the minute, and so are the infrastructure projects being delivered globally. This month, we examine the effects of emerging costs like Covid19, Brexit and Carbon on infrastructure projects and how businesses must act now to...
Why Cost Assurance Audits are Vital and No Longer Optional
Cost Assurance in Practice Once a construction contract is underway businesses and individuals alike tend to struggle with effectively monitoring and managing risks and cost. Picture a scenario where a family has employed a builder to build an extension in their back...