CAPEX/OPEX estimation, review and PCO

Service focused on determining the confidence level of documents prepared by third parties, reviewing progress, estimate bases, productivity rates, execution plans, quotations and materials. It also includes CAPEX/OPEX estimation and independent Project Cost Oversight for complex projects.

Scope

Included subservices

The following technical lines are part of this service and are presented with their specific scope.

CAPEX and OPEX review

Independent review of confidence level, progress and estimating basis.

  • Determine the confidence level in documents prepared by others.
  • Independent review of project progress against AACEi deliverables.
  • Review of estimating basis.
  • Review of productivity rates and comparison with similar projects.
  • Review of the project execution plan.
  • Review of equipment and material quotations.

CAPEX and OPEX estimation

Development of cost approaches according to client requirements and AACEi practices.

  • Develop a cost approach to complete the project.
  • Definition of the estimating plan.
  • Development of estimating basis.
  • Evaluation of direct and indirect costs.
  • Integration of owner costs.
  • Contingency and escalation calculation.
  • Multi-currency exchange rates.
  • Report issuance.

Project Cost Oversight - PCO

Independent cost control for EPCM, EPC or EP projects throughout the project cycle.

PCO (Project Cost Oversight) provides independent control and evaluations of costs associated with EPCM, EPC or EP arrangements selected by the owner, across the stages of a complex project from pre-feasibility to the end of construction.

Key benefits

  • Greater confidence in estimates, budgets and project costs.
  • Independent review according to estimate class and required deliverables.
  • Integration of direct, indirect, owner costs and contingency.
  • Independent cost control and evaluation of EPCM, EPC or EP contracts.

Typical applications

  • CAPEX and OPEX review.
  • Development of estimate bases and estimate plans.
  • Contingency, escalation and multi-currency exchange rate calculations.
  • PCO from pre-feasibility through construction completion.
Contact

Let’s talk about your next challenge.

Tell us about the technical, operational or contractual challenge you need to solve. Our team will review the requirement and propose the best support path.

Main officeSan Sebastián 2750, 9th floor – Las Condes – Santiago, Chile
Business hoursMonday to Friday · 09:00 to 18:00

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