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Conquest
Consulting Group
13215-C8
SE Mill Plain Blvd, #205
Vancouver,
WA, 98684-6991 |
| (585) 943-2823 or
(971) 221-2101 |
| info@ccg-estimating.com |
CCG is the exclusive US Reseller for
Cleopatra
Enterprise
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A
"Project Cost Estimate" is the prediction of the probable
costs of a project, of a given and documented scope, to be completed at
a defined location and point of time in the future.
 "Estimating"
is one of the key functional areas of Cost Engineering, defined by AACE
International as "the area of engineering practice where
engineering judgment and experience are used in the application of
scientific principles and techniques to problems of cost estimating, cost
control, business planning and management science, profitability analysis,
project management, and planning and scheduling."
A foundation
document for AACE International is the Total
Cost Management Framework: An Integrated Approach to Portfolio, Program,
and Project Management. Total Cost Management (TCM) identifies the
processes that support the effective application of professional and
technical expertise to plan and control resources, costs, profitability
and risk.
TCM is a
systematic approach to managing cost throughout the life cycle of any
enterprise, program, facility, project, product or service. The TCM
Framework is a representation of that "systematic approach". The
TCM Framework is a structured, annotated process map that explains each
practice area of the cost engineering field in the context of its
relationship to the other practice areas including allied professions.
Thus, TCM is a process for applying the skills and knowledge of cost
engineering.
Why is this
important? Well, Conquest Consulting Group (CCG) strongly believes
that estimating should not be an isolated function, but an integral
process of the larger portfolio, program, and project management process
that supports business investment decisions. Whether helping you improve
your estimating organization, preparing your project estimates, or leading
your estimate review efforts, CCG does so by working with both your
business and technical staffs to maximize your capital project investment
performance.
We advocate
continuous improvement in our professional lives, and all principals are
active members of AACE International
helping to promote the professions of estimating and cost engineering.
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