Target Value Design

TARGET VALUE

“Patton utilizes a team approach to estimating that maximizes budget accuracy from project inception to completion.”

Patton utilizes a common estimating software platform across all trades. This results in several key advantages:

Faster Pricing through sharing of estimating resources.
Complete Coverage with no scope gaps.
Optional Adds with ROI’s to aide in decision-making.

Project managers, engineers and field leads meet and discuss the vision and plan for the project with estimating before the target value is established. Patton’s price includes all of the owner’s requirements and field constructability constraints.

The Senior Estimator serves as quarterback for the estimating process and updates the estimate based on new information gleaned from the design and field leads at key milestones. Cost related items are characterized in the estimate at specific milestones and tracked in Patton’s ‘Basis of Construction’ document share with the entire Patton team. Construction details, installation approach and regulatory requirements drive the design and cost model.