What is cost engineering

«How to calculate the cost of a product with engineering rigour:

modeling the production process

applying cost parameters derived from safe and traceable sources.

The result will be objective and concrete.”

What is cost engineering?
Cost engineering was born as the engineering practice dedicated to the management of project costs.
To date, it evolves by integrating multiple activities such as:
  • the evaluation and forecasting of project costs
  • cost control
  • costing of investments
  • risk analysis
Who needs cost engineering?
FOR THOSE WHO HAVE AN IDEA
  • Estimate a budget
  • Evaluate project alternatives and project devalpoment
FOR THOSE WHO HAVE TO DESIGN

Optimize costs through design variants with

  • Benchmark competitors
  • Technical workshops and value analysis
  • Ideas proposed by our analysts based on their expertise
FOR THOSE WHO HAVE TO BUY
  • Negotiate with suppliers the right price
  • Identify potentials for resourcing and relocations