Cost Intelligence & Analytics
Unlocking the potential of data
High-quality and reliable data is essential for any modern organisation to derive accurate insights, make informed decisions, and drive better business performance. However, harnessing the power of data can be challenging, particularly when it comes to data integrity, quality, and availability.
Cost Intelligence & Analytics
Unlocking the potential of data
High-quality and reliable data is essential for any modern organisation to derive accurate insights, make informed decisions, and drive better business performance. However, harnessing the power of data can be challenging, particularly when it comes to data integrity, quality, and availability.
Improved decision-making and reporting
KBR’s cost intelligence and analytics team partners with organisations to solve these challenges by collecting relevant project and business data from multiple sources to create a holistic view of the organisation or project lifecycle. The data is then analysed via statistical analysis, trend analysis, correlation analysis, or data mining.
Improved decision-making and reporting
KBR’s cost intelligence and analytics team partners with organisations to solve these challenges by collecting relevant project and business data from multiple sources to create a holistic view of the organisation or project lifecycle. The data is then analysed via statistical analysis, trend analysis, correlation analysis, or data mining.
Estimating and Cost Assurance
Estimating is an essential aspect of any project, program, or portfolio as it helps organisations make informed decisions about resource allocation, risk management, and project financing. We support organisations to clearly define scope, develop work breakdown structures, and identify resources for each activity; along with building in contingency for unexpected events that may impact cost. This helps us identify the critical cost drivers and assess the impact of changes in the cost of individual resources.
Our approach to estimating provides a high degree confidence, through an application of analytical techniques to benchmark against internal and external industry metrics in categories aligned to both client side and supply chain.
We use this data combined with construction expertise and first principle estimating experience to provide a high quality and independent cost assurance services.
Estimating and Cost Assurance
Estimating is an essential aspect of any project, program, or portfolio as it helps organisations make informed decisions about resource allocation, risk management, and project financing. We support organisations to clearly define scope, develop work breakdown structures, and identify resources for each activity; along with building in contingency for unexpected events that may impact cost. This helps us identify the critical cost drivers and assess the impact of changes in the cost of individual resources.
Our approach to estimating provides a high degree confidence, through an application of analytical techniques to benchmark against internal and external industry metrics in categories aligned to both client side and supply chain.
We use this data combined with construction expertise and first principle estimating experience to provide a high quality and independent cost assurance services.
Our approach results in:
- Customer confidence increased through sustained accuracy with our program management partners experiencing ~5-10% variance from business case to outturn cost
- Customer savings of 5-8% from annual budgets through cost assurance
- Increased certainty in long term forecasting
- Improved accuracy in planning decisions
- Fast, reliable decision making
- Capital efficiency and prudency
- Continuous improvement through ongoing data collection
Our approach results in:
- Customer confidence increased through sustained accuracy with our program management partners experiencing ~5-10% variance from business case to outturn cost
- Customer savings of 5-8% from annual budgets through cost assurance
- Increased certainty in long term forecasting
- Improved accuracy in planning decisions
- Fast, reliable decision making
- Capital efficiency and prudency
- Continuous improvement through ongoing data collection
Industry benchmarking
Our customers’ growing need and willingness to look beyond organisational boundaries and further into industry is shifting our focus to building greater capital plan confidence. We support this shift through long term forecasting and comparative industry benchmarking of cost, time and performance.
Benchmarking provides a means to anonymously track performance against industry participants, further enabling prudent investment decision making.
Industry benchmarking
Our customers’ growing need and willingness to look beyond organisational boundaries and further into industry is shifting our focus to building greater capital plan confidence. We support this shift through long term forecasting and comparative industry benchmarking of cost, time and performance.
Benchmarking provides a means to anonymously track performance against industry participants, further enabling prudent investment decision making.
Our services and solutions portfolio
- Estimating
- Modelling
- Cost planning
- Constructability
- Data analysis
- Reporting
- Post contract support
- Visualisations and dashboards
- Benchmarking
- Cost assurance and verification
