Validating / Review of a Capital Cost Estimate

When:  Feb 22, 2024 from 01:00 PM to 02:00 PM (ET)

๐Ÿ—“๏ธ ๐——๐—ฎ๐˜๐—ฒ & ๐—ง๐—ถ๐—บ๐—ฒ:            Feb 22nd, 2024 from 18:00 to 19:00 AM (GMT)

๐Ÿ“   ๐—ฉ๐—ถ๐—ฟ๐˜๐˜‚๐—ฎ๐—น ๐—ฉ๐—ฒ๐—ป๐˜‚๐—ฒ:      MS Teams

๐Ÿ• ๐——๐˜‚๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป:                   1 Hour

Presented by:      John G McConville CCP (Owner / CEO - Compass International)

Hosted by:            Carsten-Florian Bruns  (Chair AACE Section UK)


๐ŸŒ Registration:



๐—๐—ผ๐—ต๐—ป ๐˜„๐—ถ๐—น๐—น ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€;

โ€ข              Owners need for accurate capital cost estimates of future construction projects.  Costs for budgeting purposes early in the procurement process when minimal detailed design

โ€ข              Information engineering deliverables is available is required, or when an EPC company has provided a detailed cost proposal to complete the work.


๐—ฉ๐—ฎ๐—น๐—ถ๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป / ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—บ๐—ฒ๐˜๐—ต๐—ผ๐—ฑ๐˜€:

โ€ข              Review & critique Scope of Work

โ€ข              Review CAPEX estimating practices, procedures & tools.

โ€ข              Location factors were they used to adjust conceptual cost estimates by project location.

โ€ข              Estimating checklists applicable to Conceptual / FEED / Funding & Detailed Lump Sum estimates.

โ€ข              Utilize historical benchmarks & cost metrics from our cost data library related to 100's of Oil & Gas / Power / Industrial / Process / Commercial Projects.

โ€ข              Evaluate the state of the project engineering, procurement & construction deliverables that were used in preparing the estimate.

โ€ข              Small and large projects.

โ€ข              Finally deliver an independent assessment of project risks, challenges, future escalation & contingency funds necessary to safeguard the projects viability.


John will share some of his experiences and lessons learned over his 40 year career.





๐—”๐—”๐—–๐—˜ ๐—ฆ๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—จ๐—ž -

on LinkedIn:


๐—๐—ผ๐—ต๐—ป ๐—š. ๐— ๐—ฐ๐—–๐—ผ๐—ป๐˜ƒ๐—ถ๐—น๐—น๐—ฒ, ๐—–๐—–๐—ฃ

Owner & Operations Director Compass International Publisher of (9) USA & International Construction Cost Databases:

#AACEUK #CostEngineering #ProjectManagement #NetworkingOpportunity


Virtual Event
Online Instructions: