The application of cost engineering to government projects contributes to reducing delays and rationalizing government spending, especially since cost engineering is concerned with studying, estimating, controlling and implementing projects without waste and with better quality through innovative alternatives and without compromising basic requirements.

This was explained by the representative of the International Federation of Consulting Engineers (FIDIC), Engineer Nabil Abbas.

The International Federation of Consulting Engineers (FIDIC) representative Nabil Abbas explained this while speaking at a seminar held recently on the sidelines of the launch ceremony of the Saudi Cost Engineering Society in Jeddah, which was launched to spread awareness of cost engineering principles, concepts and technology and develop and expand its applications throughout the Kingdom.

<p class="p1

Abbas stressed that the applications of cost engineering have become urgent in government projects to undertake the tasks of preliminary and accurate planning of construction costs, labor, labor, building materials and machinery in addition to other financial matters such as inflation and price index calculations, indicating that all this information forms a strong base for government agencies or project owners, as it makes them able to analyze the situation and understand the project requirements and then choose the necessary tools for its implementation, indicating that cost engineering can help to face rising prices through cost savings and stop wastage in building materials, especially in large projects.