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Business Consulting and Services • London, England, United Kingdom • 1-10 Employees
Key Contact at VK Estimating Solutions
Vikas Khaitan
Director / Estimating Consultant
Company overview
| Headquarters | London, England, United Kingdom |
| Website | |
| NAICS | 5416 |
| Keywords | Development Of Estimating Procedures, Estimate Due Diligence, Estimating Training & Workshops, Owner'S Estimating Support, Supporting With Stage-Gate Approvals |
| Founded | 2025 |
| Employees | 1-10 |
About VK Estimating Solutions
This is a freelance Owner's estimating service provided on an ad hoc basis for project developers to assure early-stage engineering contractor's estimates, starting with key engineering decisions to help optimise the design, and then guide the formulation of the estimates so that they become more transparent and are easily understood for decision making and strategy discussions. All this is done in close collaboration with the early engineering contractor. Using the engineering contractor's estimate, I also develop the Owner's estimate, which includes owner's costs and everything else that is generally excluded by the engineering contractor, and suitably present it for any investment or board discussions with options and ranges. I also develop simple Monte-Carlo risk analysis of the estimates even at a Class4 (FEL2) stage to see what level of contingency would be appropriate and support the maturing of the contingency until FID to support the financing process. Using the initial estimate, I also help in coming up with flexible estimating templates for quick order-of-magnitude estimates for a different capacity or technology if the project needs that for early-stage pivoting, especially FOAK energy transition and cleantech projects which are yet to reach FID. I also provide training of estimators and non-estimators along with customised estimating workshops.
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Funding Data
VK Estimating Solutions has never raised funding before.
Frequently asked questions
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