The Basis of Estimate (BoE) will be the primary deliverable which defines and supports all relevant aspects of the estimate at the current time.

The following is an indication of the areas to be addressed in the BoE with the level of definition a function of the development stage;

  • Executive Summary
  • Development Scenario
  • Cost Estimate Methodology
  • Estimate Classification
  • Design Basis
  • Development Execution Basis
  • Cost Basis
  • Planning Basis
  • Allowances
  • Assumptions
  • Exclusions/Exceptions
  • Strenghts/Weaknesses/Opportunities/Threats
  • Contingencies/Provisions
  • Management Reserve
  • Estimate Quality Assurance
  • Benchmarking
  • Key Supporting Documentation

All OGDE estimates will be supported by a BoE in the final report.

Work Breakdown Structure (WBS) >

Who we have worked with...

  • Shell
  • BP
  • Statoil
  • Chevron
  • Marathon Oil
  • Petro-Canada