Historical Cost Analysis is a critical tool in estimating projects or programs. Especially if you have to estimate large-scale projects that are fairly unique. However, it is exceedingly difficult to, not only gather historical cost data, but to analyze and align the data with your project. There are many factors to consider before you can even attest that a past project fits yours.
It is precisely this kind of analysis that we love to do. Where else best to find extensive, unique, projects than with the Department of Energy’s Nuclear Facilities Decontamination and Decommissioning (D&D) Operations. We are also supporting DOE’s effort to capture and analyze historical cost data. Most recently we helped categorize and cross walk cost data from over 278 D&D projects into their Environmental Cost Analysis System.
DOE’s ECAS system is a historical cost collection system that uses a Work Breakdown Structure (WBS), that we helped pioneer, called the Environmental Cost Element Structure (ECES). ECES, now a national standard, allows DOE to cross walk and compare multiple environmental programs and projects.
We are always looking for the next warehouse of cost data to help organize, so contact us if you need our services.