PROJECT FLOW AND ESTIMATING
To facilitate schedule, control costs, and project scope, Apex recommends to our clients this project flow procedure:
–CEP (Conceptual Engineering Package) Provides an order of magnitude (OOM) estimate +/- 35% that allows the client to make a “go or no go” decision.
–BEP (Basic Engineering Package) Provides basic deliverables to determine a +/- 15% cost estimate. A BEP package will amount to 10-15% of the total engineering effort which allows the project scope and cost to be defined and set.
–DEP (Detailed Engineering Package) the “traditional” engineering package, provides documentation for fabrication, construction, and maintenance.