Quantum Analysis
Every penny counts; we account for it
Talk to the Experts
Service
Overview
Precise quantum analysis is key to understanding and managing construction costs. We evaluate financial impacts to ensure your project remains profitable and on budget.
Services Offered
in Quantum Analysis
Data Collection
Gather all relevant data, including project costs, schedules, contracts, change orders, and financial records. This forms the foundation for analyzing the financial impact of claims or issues.
Evaluation
Review and assess the collected data to ensure accuracy and relevance. Analyze the data to establish a clear picture of the events and costs involved in the claim.
Cost Assessment
Calculate the direct and indirect costs associated with the claim, such as labor, materials, overhead, and lost productivity. This involves quantifying the financial impact on the project.
Impact Analysis
Evaluate the broader impact of the claim on the project, including delays, changes in scope, and other related disruptions. This step assesses how the financial and operational aspects of the project have been affected.
Report Prepration
Compile the analysis into a detailed report, explaining the financial impact and supporting evidence.
Negotiation
Use the report to engage in negotiations, aiming for a fair settlement based on the analysis.
Settlement
Reach a final agreement on the claim’s resolution, ensuring all parties accept the terms.
FAQ
Frequently Asked Questions
How does engaging your legal firm early in the quantum analysis process enhance the outcome?
Early involvement in quantum analysis allows us to provide a detailed and accurate assessment of costs, losses, and damages from the very beginning. This ensures that your financial claims are well-supported and legally sound, making it easier to recover the full amount you’re entitled to. Early analysis helps build a strong case, whether for negotiation or litigation.
What is Quantum Analysis, and why is it essential in construction claims?
Quantum Analysis determines the financial value of claims, assessing additional costs, variations, and losses. It’s critical for calculating fair compensation during disputes or contract changes.