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In practice, the process of cost control embraces a range of professional activities such as cost analyses of previous projects, cost planning/estimating, cost studies of various constructional options, cost checking during the design stage, cost reconciliation during the tendering stage, and cost monitoring during the construction stage.The cost estimates and financial reports which are regularly produced by QUINTIN form an important aspect of the financial management of capital projects. These periodic financial reports enable clients to anticipate and control their future financial commitments.
