Capital Cost Estimating & Project Justification
We collaborate with our clients in project justification development, ensuring standards are aligned with expectations. Through a dynamic process of simulation and integration, we develop cost estimates at the conclusion of various project phases. The project’s cost estimate accuracy is refined as the project progresses, moving from early concept estimates to project authorization estimates. We help translate our client’s projects economic evaluations into capital cost estimates of prefeasibility, feasibility and appropriation grades. We employ different approaches for each estimate stage, consistent with industry and client standards, allowing our projects to flow into the construction and permitting phases, while balancing a controlled budget.
- Project scope development
- Dynamic process simulation
- Process integration
- Project economic evaluation
- Capital cost estimates
- Pre-feasibility grade (+/- 40%)
- Feasibility grade (+/- 20%)
- Appropriation grade (+/- 10%)
- Construction cost control budgeting
Interested in working with us? Get in touch.