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PPEI’s Value Proposition:

    • PPEI offers a viable alternative as a reliable outsourcing partner providing far superior quality in an efficient manner
    • Could be used on call for a specific estimate to manage peak work loads or as a trusted extension to your work force for all detail estimates
    • PPEI's “NextGen Estimating” quality could be a selling feature in your proposals to your customers
  • PPEI’s superior quality derives from “NextGen Estimating” work process, stakeholder alignment, meticulous planning and dynamic interactive estimate reports
  • Interactive reports package makes it possible to identify deficiencies in MTOs and PPEIs mechanism for supplementing deficient areas with predefined quantum packs help better quantification closer to final quantities
  • PPEI provides full set of quantity summaries instantaneously for every RFQ for obtaining current market pricing
  • PPEI’s optional services include bid tabulation and critical analysis to identify errors/outliers in bid rates
  • PPEI's Code of Accounts enable generation of reports in many different permutations & combinations
  • Mapping of these code of accounts to EPC/Client code of accounts and to their cost control structure leads to seamless integration of estimates and cost control base
  • Estimates in Client preferred formats are generated instantaneously with ability to filter down to any level of WBS details
  • Summaries generated by Module and by Construction Work Package (CWP)
  • Man-hours per Ton and Cost per Ton metrics are standard reports in PPEI Estimating for benchmarking purposes
  • Labor hours by Construction Work Package (CWP) including breakdown by prime account provided early in the FEED phase enables construction planning and integration of schedule and estimates
  • Estimate details are automatically allocated to procurement budgets by RFQ Number and to various contract budgets
  • PPEI delivers very quick turnaround, typically less than half the industry standard
  • Comprehensive set of analysis reports enable thorough review and thus inspire high level of confidence

Status Quo:

Industry Standard Estimates today:

  • Wide range of quality – some good, some not so good
  • Estimate reports are sometimes limited by what is available in the third party estimating tool adapted by the company
  • Critical estimate reviews are somewhat limited as producing additional reports on request is time consuming
  • Typically estimate details are recast to client cost control tool formats and budget items, RFQs and contracts by force fitting after estimate is issued

Consequences of poor estimates, not uncommon:

  • Cost over runs sometimes caused by poor estimates  
  • Even a stellar performance by engineering and construction could easily be overshadowed by budget over runs
  • Risk of losing client for future jobs
  • Poor prediction of required site man-hours could lead to setting unrealistic schedules
  • Lack of confidence in the estimate could lead to arbitrary cuts in budget proposal
  • Padding up with allowances hoping to cover uncertainty
  • Large over runs in quantity
  • Site man-hour overruns lead to bottle necks in site facilities
  • Shortage of funding due to cost over runs lead to disruptions and consequent claims and delays
  • Often times these have the effect of spiralling cost overruns much beyond reasonable limits
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