The Engagement:

The $600 Million Estimate ​

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The Challenge to the Project:

This particular client wanted to increase market share in the Latin American region (more specifically in Brazil).

Our Solution:

PE4U acted as the PMO extension of the estimating team. We worked with the client's estimating team to arrive at a +/- 10% estimate. We also assisted and created processes to ensure consistent estimate transfers. The estimate transfer is where the PM or designee does a final "scrub" of the estimate before it is the official project budget. 

Schedule Detail:

The project schedule was slated for 36 months. At this point in the project we had a level high level schedule (level 1 and level 2). 

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Cost Impacts:

This was a major project for our client. The initial estimate showed about $600 million in cost expenditures. 

Risks Impacts:

Multiple risk impacts were identified. Currency fluctuation, governmental interference, qualified labor shortage, multiple logistic challenges.

A significant portion of the estimate involved a risk budget.  

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Project Outcome:

Mission Accomplished

Our client provided a more competitive estimate to their client (Petrobras) than their competitors. Our client was awarded the project verbally by their client. 

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This is another example of our many successes.

If you feel like your organization can benefit from our services please contact us.