Prior to the commencement of programming and/or design, Karkan Partnership prepares a cost model and budget cost plan for a project. The cost model establishes a construction budget and defines how the project budget is to be allocated between various building systems. The cost model also confirms the project scope and identifies any costs or work to be funded separately.

Karkan Partnership works as an integral member of the design team to evaluate design decisions made throughout the design phases against the pre-established cost model. This approach allows the cost management team to provide an integrated value engineering process throughout the design phase.

At the end of schematics and design development, Karkan Partnership produces a comprehensive cost estimate. The estimate is compared against the cost model developed during the preliminary cost estimating services phase of the project. Once the estimate is complete, and if required, separate meetings are conducted for each building system or site element to determine the cause of any cost variances and to brainstorm opportunities for budget adherence and/or further economies.

Working as the Owner's representative, Karkan Partnership:
· assists with review of bid documents and contractor bids
· monitors costs during construction
· provides a monthly evaluation of work completed at the site
· evaluates change variation orders