Strategic Estimating Systems (SES) is a Houston-based consultancy and global leader in independent cost estimating for capital projects. SES estimators and cost engineers bring deep expertise and the intellectual capital gained from 20 years of experience with more than 200 projects around the world to McKinsey’s Capital Analytics team.
Client Impact
Developing a should-cost capex model for an energy storage start-up
Using bottom-up benchmarking, we identified a significant over-estimate by previous design contractors and further reduced cost through design improvements that led to meaningful cost savings for an international energy storage startup developing a first-of-a-kind design for two projects.
Calculating detailed estimates with 3D models for a mega life sciences project
Our team developed detailed estimates based on 3D model take-offs to help an established pharmaceutical company identify key potential areas for overruns on their largest capital project to date. Our data analysis further supported the company’s negotiations, which led to notable savings on their baseline cost.
Supporting the final investment decision at a green-hydrogen plant
We developed a should-cost model, schedule assessment, and risk analysis for a green-hydrogen plant to support their successful FID. We worked with the company to identify savings opportunities totaling 10 percent and develop risk mitigation plans for execution.
RELATED PRACTICE
Capabilities Service Line
Capital Excellence
Learn how we help clients get the most value out of existing infrastructure assets and improve on-time and on-budget delivery of major capital projects and mega projects.