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30 May 2023
Saudi Arabia's giga-projects are driving the country's economy forward, but they require careful cost management. At Compass Project Consulting, we excel in cost management and technology implementation for these ambitious developments. Our Commercial & Contracts Director, Francisco Batista, was invited by Construction Week to share his opinions and insights on the matter.
It is well-known that managing costs in Saudi Arabia's giga-projects is complex, and Francisco introduces our adherence to RICS standards and collaboration with the PIF Centre of Excellence to ensure effective budget controls. He also touches on our use of technology and innovation, exploring how these enhancements can expedite decision-making and improve project efficiency.
Francisco Batista | Commercvial & Contracts Director
At Compass, we provide transparent cost plans and value engineering workshops to align project objectives with stakeholders' needs. This approach promotes sustainable design and helps control costs throughout the project's lifecycle.
Francisco notes that Saudi Arabia has made significant progress in supporting giga-projects through workforce expansion, regulatory improvements, and technological innovation, aligned with the overarching Vision 2030 goals.
If you would like to read more about how Compass' expertise and commitment to value engineering help drive success in these monumental ventures, contributing to Saudi Arabia's rise as a global development leader, take a look here.
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