Turner & Townsend Korea provides complete cost control for construction clients throughout a project's life-cycle
Internationally recognized cost management and quantity surveying services adopting world-class management techniques are being offered to the Korean market as Korea aims to be a global leader in construction.
Hanmiparsons, a leading provider of construction management in Korea, and Turner & Townsend, a global construction and management consultancy, have made a joint venture agreement to establish Turner & Townsend Korea. Corporate registration is complete and operations commenced on January 2.
Cost management aims to satisfy a client's requirements through managing project costs continuously from the initial planning stage to final delivery. Greater economy and value is brought to construction projects through the use of expert cost knowledge and systems data and tools at every stage of a project.
The cost management services provided by Turner & Townsend Korea expands traditional quantity surveying delivery, and is not merely reactive reporting, but instead focuses on predicting and analyzing costs at each and every stage in order to offer a better total solution. Furthermore, Turner & Townsend Korea's services eliminate waste and excessive cost through anticipating and managing potential risk through proven risk and value management techniques.
In overseas countries, such as those in Europe and the US, the scope for exceeding construction budget due to unexpected design changes is limited because costs are managed by adopting quantity surveying techniques. Recently, foreign investors and developers involved in Korean projects have begun to seek QS companies that recognize the importance of controlling the costs of construction projects.
Turner & Townsend Korea is able to provide a world-class service through the mutual exchange of substantial experience, effective techniques and experienced and knowledgeable personnel from the parent companies. Turner & Townsend have provided quantity surveying for over 60 years, while Hanmiparsons has led the Korean construction management industry since 1996.
Professor Hansoo Kim (Sejong Univ.) who specializes in construction cost management said, “By establishing Turner & Townsend Korea, overall construction value will be enhanced through the provision of systemized quantity surveying services to the Korean construction market.”
Stephen Gibson, director and co-founder of Turner & Townsend Korea and a chartered member of RICS (Royal Institution of Chartered Surveyors), said “Working closely with the Korean construction market enables Turner & Townsend Korea to create customer value and maximize benefits by sharing our techniques and knowledge.”