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NextGen Estimating™ :

NextGen Estimating work process and the Interactive Reports are clear differentiators in professional estimating services provided by any organization today.

Superiority of PPEI’s NextGen Estimating™

Client stakeholder needs barely addressed:

  • Estimators often find themselves in a time constraint and therefore are rarely able to focus on the needs of various stakeholders

 

 

 

 

 

Every stakeholder need aligned and documented:

  • NextGen Estimating process builds in several stakeholder needs within the standard set of interactive reports
  • In addition, alignment process upfront documents every stakeholder needs and creates them upfront as customised report pack

 

 

 

Many EPCs use their own format for Estimate Summary and Code of Accounts:

 

  • General work practice is to create estimate details and summaries in the EPC Company’s standard format for review with client
  • After the estimate is reviewed and accepted, estimators force fit the details and summaries to client preferred formats which causes difficulties in electronic processing of data

 

 

 

 

 

 

 

 

Client summary formats and details are mapped to NextGen COA for seamless creation in client
preferred formats:

  • PPEI provides estimate details and summaries in Client’s standard coding structure and preferred formats. Code mapping is done by PPEI right at the beginning such that the import to client’s cost control tool becomes seamless and the summaries are generated in client format instantaneously      

 

 

 

 

 

 

 

 

 

Control base estimate recast to cost control tool  is done later by force fitting:

 

  • Recast estimate details for upload to client’s cost control tool is typically done after estimate approval by force fitting to clients code of accounts
  • Introduces approximations and arbitrary allocations

 

 

 

 

 

 

 

 

Control base estimate is recast to client cost control format instantaneously by code mapping created at the beginning:

  • Control base estimate is recast to client cost control format seamlessly by code mapping created at the beginning
  • Happens simultaneously with the completion of the estimate details

 

 

 

 

 

 

 

 

Site man-hour inputs to Construction Planning
by work package is most often not available in time:

  • Scheduling and construction planning need the site man-hours by work package and by prime account in parallel for aligning schedule and estimates but, it is seldom available in time

 

 

 

 

 

 

Site man-hours by Construction Work Package (CWP) and by Prime Account is provided much ahead of time:

  • NextGen Estimating generates not only man-hours by CWP and by Prime, but also quantifies all labor operations to be carried out within the CWP to facilitate construction planning in parallel
  • A visual palate of CWPs is provided to highlight CWPs with greater concentration of site labor hours

 

 

 

 

 

Hands off approach with Engineering & MTO generation:

  • Estimators generally accept MTOs as provided and summarize them for quantity review by the engineering/project team

 

 

 

 

 

 

 

 

 

 

NextGen Estimating process engages proactively with engineering:

  • Draft Estimating Plan provides a first draft of MTO methodology prompting with methods of quantifying items not generally shown in P&IDs and other documents
  • NextGen Estimating provides means of adding predefined kits of quantities for such items to facilitate production of more complete MTOs
  • Actionable quantity review reports enable Engineering to produce more complete MTOs

 

 

 

 

 

 

MTO Allowances – Typically one or two
percentage values per Prime:

  • One or two percentage values are applied per account across the board although items of larger size and higher value may have been quantified more accurately and do not need as much allowance
  • Typically, the chosen percentage MTO allowances are expected to make up for less complete quantification in the lower sizes

 

 

 

 

 

 

Stratefied MTO Allowances:

  • PPEI provides a stratified matrix of MTO allowances by size and by other significant parameter which enables applying much lower allowance for large size and high value items and progressively increasing allowances for smaller sizes
  • NextGen Estimating provides a qualitative rationale sheet categorizing extent of completeness of MTOs and need for high medium or low MTO allowances

 

 

 

 

 

 

 

Interactive reports generated dynamically

Over 100 Estimate Reports for review, analysis and planning

Estimate Report allows multiple selections for filtering

Reports can be modified or new reports generated immediately or within hours

Custom dashboard with multiple reports and data visuals

Standard set of Interactive Estimate Reports

 

Meticulous Planning & Alignment

Various stakeholder needs documented and addressed

Facilitate production of more complete MTOs

Stratified MTO Allowances and Rationale

Execution Basis documented

Detailed Estimate Plan 

Well-documented basis

Seamless transition from Estimate to Control Base

Code mapping for Summary Report Formats

Breakdown by WBS, RFQ and by Contract

 

Secure Cloud Platform

Projects set up on Amazon Web Server (AWS) with access control

Secure File Transfer Protocol

Current project files and estimate status on web style interface

Data security features

NextGen Estimating:

NextGen Estimating work process and the Interactive Reports are clear differentiators in professional estimating services provided by any organization today.

Superiority of PPEI’s NextGen Estimating™

PPEI’s NextGen Estimating

Every stakeholder need aligned and documented:

  • NextGen Estimating process builds in several stakeholder needs within the standard set of interactive reports
  • In addition, alignment process upfront documents every stakeholder needs and creates them upfront as customised report pack

Client summary formats and details are mapped to NextGen COA for seamless creation in client preferred formats:

  • 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

Control base estimate is recast to client cost control format instantaneously by code mapping created at the beginning:

  • Control base estimate is recast to client cost control format seamlessly by code mapping created at the beginning
  • Happens simultaneously with the completion of the estimate details instantaneously

Site man-hours by Construction Work Package (CWP) and by Prime Account is provided much ahead of time:

  • NextGen Estimating generates not only man-hours by CWP and by Prime, but also quantifies all labor operations to be carried out within the CWP to facilitate construction planning in parallel
  • A visual palate of CWPs is provided to visualize CWPs with greater concentration of site labor hours

NextGen Estimating process engages proactively with engineering:

  • Draft Estimating Plan provides a first draft of MTO methodology prompting with methods of quantifying items not generally shown in P&IDs and other documents
  • NextGen Estimating provides means of adding predefined kits of quantities for such items to facilitate production of more complete MTOs

Stratefied MTO Allowances:

  • PPEI provides a stratified matrix of MTO allowances by size and by other significant parameter which enables applying much lower allowance for large size and high value items and progressively increasing allowances for smaller sizes
  • NextGen Estimating provides a qualitative rationale sheet categorizing extent of completeness of MTOs and need for high medium or low MTO allowances

Industry Standard Estimating

Client stakeholder needs barely addressed:

  • Estimators often find themselves in a time constraint and therefore are rarely able to focus on the needs of various stakeholders

Many EPCs use their own format for Estimate Summary and Code of Accounts:

  • General work practice is to create estimate details and summaries in the EPC Company’s standard format for review with client
  • After the estimate is reviewed and accepted, estimators force fit the details and summaries to client preferred formats which causes difficulties in electronic processing of data

Control base estimate recast to cost control tool is done later by force fitting:

  • Recast estimate details for upload to client’s cost control tool is typically done after estimate approval by force fitting to clients code of accounts
  • Introduces approximations and arbitrary allocations

Site man-hour inputs to Construction Planning by work package is most often not available in time:

    • Scheduling and construction planning need the site man-hours by work package and by prime account in parallel for aligning schedule and estimates but, it is seldom available in time

Hands off approach with Engineering & MTO generation:

  • Estimators generally accept MTOs as provided and summarize them for quantity review by the engineering/project team

MTO Allowances – Typically one or two percentage values per Prime:

  • One or two percentage values are applied per account across the board although items of larger size and higher value may have been quantified more accurately and do not need as much allowance
  • Typically, the chosen percentage MTO allowances are expected to make up for less complete quantification in the lower sizes

Secure Cloud Platform

Projects set up on Amazon Web Server (AWS) with access control

Secure File Transfer Protocol

Current project files and estimate status on web style interface

Data security features

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