PANTHEON
 

We utilize a variety of techniques, including bottom-up engineering estimates, analogy-based estimates, parametric methods, and analysis of actual costs. This multifaceted approach ensures that our estimates are accurate. Additionally, we are experienced in developing cost estimating relationships based on detailed man-hour duration, unit rates, and quantities or volumes. This allows us to create precise and reliable estimates that support effective project planning and execution.

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By leveraging market rate comparisons and geoparity rates, we enable fair market pricing for project costs, ensuring our clients receive the best value. Our commitment to precision and transparency in cost estimation helps our clients make informed decisions, manage budgets efficiently, and achieve successful project outcomes.

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We create resource-loaded schedules that factor in phasing, allowing for efficient allocation of resources throughout the project lifecycle. This approach enables us to build accurate cash flow projections, ensuring that financial planning aligns with project milestones and execution timelines. Our commitment to precision and transparency in cost estimation helps our clients make informed decisions, manage budgets efficiently, and achieve successful project outcomes.

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Our approach leverages the latest tools and technologies, enabling us to gather precise quantities from models and utilize extensive databases built from our vast project experience. This data-driven methodology allows us to offer reliable and comprehensive cost management services that are tailored to each project's unique needs. Additionally, our innovative capabilities ensure that we stay ahead in the industry. Team Pantheon employs a sophisticated approach to forecasting Estimates at Completion (EACs) by leveraging robust cost models. We begin with a thorough analysis of historical cost and labor-hour performance reports, gaining insights into past trends and patterns. Our commitment to traceability, repeatability, and precision extends to the use of specialized tools, including Power BI, R, Python scripts, and MS Excel models. These tools automate the creation of traditional earned value graphics—such as Cost Performance Index (CPI), Schedule Performance Index (SPI), variance, and trend analysis—as well as custom visualizations. Python libraries like Matplotlib, Seaborn, and Plotly enable our users to create visually appealing and informative data visualizations, while ggplot2 in R offers a highly customizable and flexible system for creating static and interactive visualizations.

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We also use Access for our databases, integrating it with these tools for versatile analysis across large and diverse data sets. This supports root cause analysis and identifies correlations between variables, leading to more robust and accurate estimates. By consistently assessing performance in relation to the baseline, we maintain stability and identify potential risk areas, enabling us to confidently forecast cost and schedule outcomes.

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Our specific efforts include:

• Tracking and Reporting: We meticulously track and report on all project-specific deliverables to ensure transparency and accountability.

• Budget and Cash Flow Analysis: We review and evaluate all project budgets, cash flow projections, and proposed expenditures to maintain financial health.

• Value Engineering (VE): We assess all VE recommendations, analyzing scope and potential savings to maximize cost-efficiency.

• Procurement Reviews: We support equipment procurement bids, ensuring scope accuracy and awarding to the best vendors.
   

By incorporating these comprehensive efforts and innovative capabilities, Pantheon ensures that every project is executed within budget, maximizing value while mitigating financial risks

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