Services to Owner/Operating Companies and EPC Companies:
PPEI is a specialist estimating services company proving estimates for process plants for various purposes using our NextGen Estimating work process which gives a new dimension to alignment, planning, basis and interactive estimate reporting
Detail Estimates:
- Detail estimates for FEL3/FEED/Budget Estimate/Control Base/Check Estimates which will fall in the category of Class 3 Estimates as defined by AACEI Recommended Practices 18R-97
- Fallout Estimates required during later stages of project execution for refined control base/reforecast/end-of-job estimates which fall in the category of Class 2/Class 1 Estimates as defined by AACEI Recommended Practices 18R-97
- Independent estimates for claims evaluation
Project Cost Risk Analysis (Optional Service):
- PPEI provides project cost risk analysis services, facilitating the project team to deliberate and assign risk ranges using a cost risk model created in @Risk, providing a documented basis for setting project contingency
- Major Event Risks are not generally part of the project contingency, nevertheless one that needs to be thought through for setting a likely management reserve should one or more such events occur to impact the project. PPEI provides assistance in facilitating such discussions, quantification of cost impacts of such events and probabilistic evaluation of the set of events which may help the client’s management team to determine the Major Event Risk reserve to carry for the project or their portfolio of projects
Forward Escalation (Optional Service):
- PPEI provides an assessment of forward escalation based on anticipated future escalation during the project construction phase, showing likely escalation, low and high scenarios
Estimate Recast to Project Control Base:
- PPEI provides estimate details and summaries in Client’s standard coding structure and preferred formats. Code mapping is done by PPEI right at the outset of the project such that the import to client’s cost control tool becomes seamless and the summaries are generated in client format instantaneously
Estimate Inputs for Construction Planning:
- PPEI’s standard set of reports include quantities and man-hours by Construction Work Package (CWP) and several other summary groupings and by Prime Account; these reports provide necessary inputs to Construction Planning group for site planning and for aligning estimating and scheduling
Factored Estimates:
- Factored estimates for FEL2/Screening Estimates/Feasibility Study Estimates which will fall in the category of “Class 4 Estimates” as defined by AACEI Recommended Practices 18R-97
Conceptual Estimates:
- Estimating Assistance for Conceptual estimates for FEL1/Early Screening Estimates which will fall in the category of “Class 5 Estimates” as defined by AACEI Recommended Practices 18R-97