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(EST-2391) (Panel Discussion) Cost Estimate Review Simulation

Level: Intermediate
Author(s): Larry R. Dysert, CCP CEP DRMP FAACE Hon. Life; Todd W. Pickett, CCP CEP FAACE; Peter R. Bredehoeft, Jr. CEP FAACE; Douglas W. Leo, CCP CEP FAACE Hon. Life; Bruce G. Elliott, CCP FAACE
Venue: 2017 AACE International Annual Meeting, Orlando, FL

Abstract: This presentation will involve a simulated cost estimate review between a project owner client (the estimate requester) and an EPC contractor (the estimate provider). It will illustrate several examples of common problems and issues that occur in the estimate review process, as well as provide recommended approaches that help to ensure that both client and contractor obtain maximum benefit from a comprehensive estimate review for a project.

By exploring real-life practical examples and situations, this presentation will be useful to project teams from both owners and contractors.