Novopro produces project estimates that comply with the Association for the Advancement of Cost Engineering (AACE) Classes 1 to 5 for both Capital and Operating Cost Estimates. Our in-house cost estimate database facilitates the process in parallel with the procurement process for generating project specific costs.
Novopro's estimation activities include a thorough evaluation and estimation of parameters outside of the direct equipment/material costs in order to produce a reliable estimate, consisting of items such as:
Novopro’s estimates includes a thorough basis of estimation documentation providing details regarding methodology and approach for assessing the direct and indirect cost, including details such as:
We also provide Project Control services for all of our projects to track and report progress throughout the duration of our mandate to ensure the project remains on schedule and budget.
Novopro offers the following Project Control services: