Historical Project Database Implementation

One of CCG's specialties is the implementation of historical project information databases and applications. We have found that many owners fail to consistently collect and analyze project cost information on completed projects. This information is critical to establishing internal project and cost metrics that can be used to benchmark project estimates, calibrate your cost databases, create strategic estimating tools, and support your project development process.

CCG can assist in the selection and implementation of a historical project information database and application to fit your particular needs. The database will collect relevant project parameters and characteristics, estimated costs, and actual costs for completed projects. These applications provide search and analytical tools to produce a variety of metrics based on your project histories. The metrics can be generated based on user-defined criteria of project characteristics that allow you to benchmark and assess a current project estimate with similar past projects. The database can also be developed to incorporate external industry benchmarking information.

Collecting, analyzing, and utilizing information from past project performance has proven to be a key indicator of improving cost effectiveness for future projects. CCG can help you to achieve this goal!

Review our white papers: Transforming Historical Project Data into Useful Information and Project Historical Databases for the Canadian Oil Sands