STRATEGIC CONSULTING
COST AND RISK ANALYSIS

REM Pipeline Consultants, LLC can assist the Owner Client with analysis of the estimated and ongoing costs associated with a pipeline or facility project.  Additionally REM Pipeline Consultants can identify the areas of risk that are associated with any project, particularly related to the potential for cost variations, but also due to political, permitting, right of way availability, material availability and other issues which can have significant adverse affects on the final cost and schedule for a project.

Cost estimates are generally classified with a plus or minus percentage (+/- %) of expected potential cost variation.  Obviously, some cost items have more inherent risk than others.  As a part of the cost estimating process, REM Pipeline Consultants identifies the expected margin of error for each major cost item which results in a more accurate overall estimate.

REM Pipeline Consultants can also advise the Owner of strategies to mitigate the risk inherent with each cost item.

REM Pipeline Consultants recommends that cost and risk analysis be reviewed at regular intervals during the design and construction process.  This allows for plan adjustments to be made if necessary during the design and construction process to avoid surprises which may develop due to changing site conditions, changes in commodity and/or labor pricing and changes due to “scope creep”.