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COST MANAGEMENT
altusgroup.com
Contract
Solutions
Cost
Management
Developer
& Lender
Project
Management
Property
Assessment
Infrastructure
Advisory
PLAN MANAGE ADVISE & DELIVER
altusgroup.com
Altus Group offers more than just a suite of services
- we are your partners as you plan, manage and
successfully develop real estate and infrastructure
projects. Our trusted advice transforms projects
from the abstract, to the concrete.
Altus Group has been a leading provider of independent commercial real estate and construction
advisory services for over 50 years, with over 2,300 employees in 70 offices across Canada and
internationally.
Our knowledge and experience across all asset types ensures that our services are tailored to
each project, delivering dependable, accurate, and valuable independent advice. Our Cost team
advises on over 500 unique projects a year that vary in size, location, scope, and complexity, in
Canada and around the world.
THE ALTUS ADVANTAGE
COST MANAGEMENT
Industry Leading Expertise: Our seasoned professionals are considered the foremost
authorities in their fields, with decades of experience, skilled use of data and analytics, honed
real estate acumen – and results-oriented, independent advice. With local and international
experience and an in-depth knowledge of construction cost planning and budgeting, we
collaborate as part of your team.
Benchmarking: We have more reliable market cost data than any other service provider in the
business, including a proprietary Canadian database with over $120B in hard construction costs
over the last 6 years – and growing.
5D Estimating & Analytics: Our 5D estimating leverages BIM and cost data to provide
continuous cost control with real-time feedback. This new approach enhances a single project
significantly and what it can do for a master plan or portfolio is best-in-class.
WE SUPPORT CLIENTS IN MAKING INFORMED DECISIONS WITH CLARITY
AND CONFIDENCE, OPTIMIZING VALUE AND MINIMIZING RISK.
Includes total anticipated project costs
Order of
magnitude
cost estimate
Preliminary
schematic
design
Design
development
and working
drawings
Construction
pre-tender
Class D
Project Budget & Pro forma
Class C Class B Class A
VALUE
Maximizing value
and optimizing
returns.
ACTUAL
Cutting-edge software &
unparalleled data ensure
actual costs do not exceed
budget.
ANALYTICS
Design efficiencies and
benchmarking.
WHOLE LIFE
Explore‘Whole life’
costing.
BALANCE
Balance of cost
between building
elements
achieved.
altusgroup.com
A decision without a breadth of information is a wager. Our professionals provide
a service dedicated to helping you make informed decisions that enable you to
operate more efficiently. Our team of experts will ensure that your program management
and project objectives are achieved.
Altus Group is a leading provider of independent
advisory and data solutions. We help you deliver
your projects on time and on budget with
transparency and accountability—meeting
capital budget plan objectives.
PUBLIC SECTOR
We understand that public-sector projects are
complex and involve many stakeholders. In order
to attain successful project outcomes for all
involved, budgets and costs must be controlled and
appropriate oversight of processes must be followed.
We will ensure your budget provides for all known
costs and appropriate allowances for undefined
elements.
To help our clients experience a successful project
development process, we utilize the following tools:
PRIVATE SECTOR
We work with you to provide cost planning and
estimating, value and risk assessment, schedule
preparation, procurement strategy, and project delivery
advice. We give you access to more reliable market cost
and schedule data than any other service provider in the
business.
COST MANAGEMENT
Experienced cost management team consisting
of trained professional quantity surveyors, engineers,
and mechanical and electrical experts. These
consultants have experience with private and
public sector projects of varying size and
complexity and can proactively identify issues
to mitigate project risks.
Unparalleled database of benchmark
costs allows us to mine vast quantities of
data and create solutions that help you make
informed decisions and streamline projects.
Comprehensive and reliable reports that
are able to stand up to public scrutiny, and
customized as no two projects are exactly alike.
CONNECTING
THE GLOBAL
REAL ESTATE
MARKETPLACE
For more information on
Altus Group, please visit
altusgroup.com
Please contact:
david.crane
@altusgroup.com
(403) 410-3155
RELATED SERVICES:
Sq.Ft.
•	 Cost Planning & Budgeting
•	 Project Monitoring
•	 Development Feasibility
•	 Project & Development
Management
•	 Program Management
•	 Technical Advisor
•	 Independent Certifier
•	 Peer Review
•	 Scheduling
•	 Expert Witness & Dispute
Resolution
Sectors include: Residential & Mixed-use; Infrastructure; Commercial
& Retail; Arts & Culture; Educational; Healthcare; Hospitality & Gaming;
Government; Industrial & Manufacturing; Sports & Recreation;
Oil, Gas & Energy; Pharmaceutical; and Water & Wastewater.
Altus Group Limited is a leading provider of independent advisory
services, software, and data solutions to the global commercial
real estate industry. Our businesses, Altus Analytics and Expert Services,
reflect decades of experience, a range of expertise, and technology-
enabled capabilities. Our solutions empower clients to analyze, gain
market insight and recognize value on their real estate investments.
SELECTED SERVICES
SECTORS
•	 Change Order Review
•	 Value Management
•	 Property Condition
Assessments
•	 Reserve Fund Studies
•	 Insurance Replacement Cost
•	 Project Analytics
•	 Procurement Advice
•	 Risk Management
•	 Manager of Distressed Projects
•	 Asset Management
•	 Sustainability & Wellness
•	 Appraisal
•	 Valuation
•	 Property Tax
Assessment Appeals
•	 Feasibility Studies
•	 Expert Testimony

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Cost Management, Altus Group brochure

  • 2. PLAN MANAGE ADVISE & DELIVER altusgroup.com Altus Group offers more than just a suite of services - we are your partners as you plan, manage and successfully develop real estate and infrastructure projects. Our trusted advice transforms projects from the abstract, to the concrete. Altus Group has been a leading provider of independent commercial real estate and construction advisory services for over 50 years, with over 2,300 employees in 70 offices across Canada and internationally. Our knowledge and experience across all asset types ensures that our services are tailored to each project, delivering dependable, accurate, and valuable independent advice. Our Cost team advises on over 500 unique projects a year that vary in size, location, scope, and complexity, in Canada and around the world. THE ALTUS ADVANTAGE COST MANAGEMENT Industry Leading Expertise: Our seasoned professionals are considered the foremost authorities in their fields, with decades of experience, skilled use of data and analytics, honed real estate acumen – and results-oriented, independent advice. With local and international experience and an in-depth knowledge of construction cost planning and budgeting, we collaborate as part of your team. Benchmarking: We have more reliable market cost data than any other service provider in the business, including a proprietary Canadian database with over $120B in hard construction costs over the last 6 years – and growing. 5D Estimating & Analytics: Our 5D estimating leverages BIM and cost data to provide continuous cost control with real-time feedback. This new approach enhances a single project significantly and what it can do for a master plan or portfolio is best-in-class. WE SUPPORT CLIENTS IN MAKING INFORMED DECISIONS WITH CLARITY AND CONFIDENCE, OPTIMIZING VALUE AND MINIMIZING RISK. Includes total anticipated project costs Order of magnitude cost estimate Preliminary schematic design Design development and working drawings Construction pre-tender Class D Project Budget & Pro forma Class C Class B Class A
  • 3. VALUE Maximizing value and optimizing returns. ACTUAL Cutting-edge software & unparalleled data ensure actual costs do not exceed budget. ANALYTICS Design efficiencies and benchmarking. WHOLE LIFE Explore‘Whole life’ costing. BALANCE Balance of cost between building elements achieved. altusgroup.com A decision without a breadth of information is a wager. Our professionals provide a service dedicated to helping you make informed decisions that enable you to operate more efficiently. Our team of experts will ensure that your program management and project objectives are achieved. Altus Group is a leading provider of independent advisory and data solutions. We help you deliver your projects on time and on budget with transparency and accountability—meeting capital budget plan objectives. PUBLIC SECTOR We understand that public-sector projects are complex and involve many stakeholders. In order to attain successful project outcomes for all involved, budgets and costs must be controlled and appropriate oversight of processes must be followed. We will ensure your budget provides for all known costs and appropriate allowances for undefined elements. To help our clients experience a successful project development process, we utilize the following tools: PRIVATE SECTOR We work with you to provide cost planning and estimating, value and risk assessment, schedule preparation, procurement strategy, and project delivery advice. We give you access to more reliable market cost and schedule data than any other service provider in the business. COST MANAGEMENT Experienced cost management team consisting of trained professional quantity surveyors, engineers, and mechanical and electrical experts. These consultants have experience with private and public sector projects of varying size and complexity and can proactively identify issues to mitigate project risks. Unparalleled database of benchmark costs allows us to mine vast quantities of data and create solutions that help you make informed decisions and streamline projects. Comprehensive and reliable reports that are able to stand up to public scrutiny, and customized as no two projects are exactly alike.
  • 4. CONNECTING THE GLOBAL REAL ESTATE MARKETPLACE For more information on Altus Group, please visit altusgroup.com Please contact: david.crane @altusgroup.com (403) 410-3155 RELATED SERVICES: Sq.Ft. • Cost Planning & Budgeting • Project Monitoring • Development Feasibility • Project & Development Management • Program Management • Technical Advisor • Independent Certifier • Peer Review • Scheduling • Expert Witness & Dispute Resolution Sectors include: Residential & Mixed-use; Infrastructure; Commercial & Retail; Arts & Culture; Educational; Healthcare; Hospitality & Gaming; Government; Industrial & Manufacturing; Sports & Recreation; Oil, Gas & Energy; Pharmaceutical; and Water & Wastewater. Altus Group Limited is a leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry. Our businesses, Altus Analytics and Expert Services, reflect decades of experience, a range of expertise, and technology- enabled capabilities. Our solutions empower clients to analyze, gain market insight and recognize value on their real estate investments. SELECTED SERVICES SECTORS • Change Order Review • Value Management • Property Condition Assessments • Reserve Fund Studies • Insurance Replacement Cost • Project Analytics • Procurement Advice • Risk Management • Manager of Distressed Projects • Asset Management • Sustainability & Wellness • Appraisal • Valuation • Property Tax Assessment Appeals • Feasibility Studies • Expert Testimony