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Alisto Engineering Group, Inc
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  3. Alisto Engineering Group, Inc
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  5. Cost Engineering, Budget Planning, Cost ...

Cost Engineering, Budget Planning, Cost Tracking and Earned Value Services

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Alisto adheres to the PMI (Project Management Institute) standards for project budgeting. We use the scope of work and the performance requirements for the project to allocate, track, and analyze the budget for the elements of work.

Alisto Cost Engineers key objective is to arrive at accurate cost estimates, budgets, and forecasting to avoid project cost overruns. Throughout the life of a project, The Alisto Cost Engineer will provide several types of project estimates as follows:

  • Conceptual or Order of Magnitude Estimate --- Minimum information +/- 50% accurate 
  • Factored Estimate --- After all equipment is priced +/- 70% accurate
  • Preliminary Estimate --- Scope of work frozen and engineering is 10% done +/- 80 accurate
  • Basis of Budget Estimate --- After engineering is 50% done +/- 90% accurate
  • Detailed or Firm Price Construction Estimate --- Engineering is 90% done +/- 95 accurate

With our Cost Engineering & Project Control Analyst services, Alisto can offer integrated budget planning, cost tracking, and earned value analyses to forecast and track budget cost.