Our specialist approach can deliver a development with a greater degree of certainty with respect to cost and schedule.
Poor quality project planning cascades through the entire project lifecycle with inevitable changes and delays, and ultimately a lower value than expected. We bring a set of well-developed processes and an approach that we believe can deliver a development with a greater degree of certainty with respect to cost and schedule. We overcome common biases with an approach rooted in decision quality and strong project controls to measure progress.
Our experienced cost and schedule estimators follow the AACE international classification system. We provide expected costs at completion for project screening when typically little more than the proposed facility type, location and capacity is known at the time of estimation. We manage data access issues through our own database and can access technology and execution vendor insight from our two Tier 1 parents, McDermott and Baker Hughes.
Benchmarking of installed quantities and cost estimates is a key aspect of the overall process which ensures certainty in the estimate. Our in house cost database contains details of equipment that has been purchased by McDermott and Baker Hughes during EPC projects they have successfully undertaken, as well as Baker Hughes technology product costs.