Cost Estimating

Implementation of Total Cost Management for a Federal Government Agency
ACM was selected to implement several elements of Total Cost Management (TCM) and Project Management for a Federal Government Agency.

The first element ACM provided was cost estimating services relating to budget requirements, budget submissions, and construction contract awards. ACM personnel established budget requirement validation reports and budget line item justification review reports, certified cost estimates, and validated performance-based contractor cost proposals.

With element two, ACM provided TCM cost and schedule control services as related to the agency. The services included program/project development and planning, milestone development and scheduling, critical path management implementation services, cost control applications in government programs and operations, and corporate alternatives and business planning. ACM prepared briefings and presentations to provide updates on the project management plan on a monthly basis, created critical path schedules for the operations plan with quarterly updates, and created critical path schedules with identified required changes on a monthly basis.

For the third element, ACM provided cost analysis services relating to several important programs for the agency. Analysis services included: applications of engineering economics, incorporation of applied economics, process plant modeling and analysis, risk analysis and the preferred approach applications, budget analysis and requirement validation, needs assessments and cost surveys, and value engineering and cost versus benefit analysis.

In the last element, ACM personnel provided cost and value improvement services to several programs. The services included contract management/performance based contracting support services, executability improvement services, best available practices surveys and feasibility studies, total cost management tool analysis and applications, project design and plan/specification reviews, and life cycle status and projections.

Within each element, ACM developed and provided training presentations and seminars for the above elements. The training was developed in accordance to the agency job centered training protocols and procedures. Some of the presentations included Total Cost Management protocols and processes and the application of TCM principles.

Schedule Analysis & Cost Engineering for a Major Steel Manufacturer’s Coke Oven Battery Project
ACM was contracted to perform schedule analyses and cost engineering functions on a large construction project. The project consisted of building a new coke oven battery on an existing foundation, including an associated by-product plant and upgrades of various utilities. The project was built by two major EPC joint venture contractors, as well as in-house labor for various associated projects. ACM assisted in change order negotiations, performed analyses of monthly contractor submitted schedules and invoices, and proposed schedules and budgets for work performed by plant personnel.

Several years after project completion, ACM was contracted to verify the property asset record for the owner’s financial department. ACM personnel, who were on the project controls team during the initial construction, researched the archived project records and verified the actual installed cost of a sampling of major assets.

Schedule Analysis & Cost Engineering for a Major Steel Manufacturer’s Coke Oven Battery Project
ACM provided planning, scheduling, cost engineering development and implementation for the re-tubing of a condenser at a nuclear power plant. ACM staff worked with the utility's project and maintenance management staff personnel to establish a work plan, schedule, and budget. ACM participated in supplier/installer negotiations and supported the customer during the replacement. The replacement occurred during a refueling outage. The replacement was completed on time to support plant start-up.

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Project ManagementPlanning & SchedulingCost EstimatingDispute Resolution