Vicoma Elevates Cost Estimation with Cleopatra’s Software

Vicoma Consultancy & Engineering operates across diverse industrial sectors: chemicals, oil & gas, food, and heavy industry. They faced challenges in defining contingency and escalation values while maintaining accurate cost estimates. To bridge the understanding gap with clients, Vicoma relied on AACE tables to illustrate how estimate accuracy evolves alongside project maturity, as well as probability curves and confidence intervals to clarify their rationale and provide reassurance.

While these methods were informative, they fell short of fully meeting the dual need for transparency and realistic risk coverage. Before adopting Cleopatra, the company relied on a manual, fragmented process using an in-house tool and Excel, limiting efficiency and capability.

Vicoma chose Cleopatra’s Cost Estimating Software due to several strategic advantages:

• The CESK Data library: valued for its trusted, client-accepted rate data.
• Object estimating for early project phases.
• Strong integration capabilities that could streamline workflows.
• The company’s solid industry reputation and familiarity with Cleopatra further reinforced their decision.

The implementation process was seamless, with the Cleopatra team providing excellent support throughout the rollout. Vicoma describes the collaboration as positive and full of potential. Although the partnership is still in its early stages, they value the opportunities so far and are committed to strengthening the relationship through ongoing communication and joint efforts. Customer service has met their expectations, and operations have run smoothly since implementation.

The team especially values the CESK Data library for its trusted data and considers Cleopatra highly recommendable, provided it is assigned to the right person and accompanied by proper training. They also note that the software’s value extends beyond large-scale projects, proving equally useful for comparing options in smaller initiatives.

Now, Vicoma is actively building the expertise to clearly and confidently explain escalations and contingencies.

Since implementation, Vicoma has seen notable advantages:

• Attracted new engineering clients, particularly those seeking cost estimation services.
• The CESK Data library’s credibility has given their estimates added trust and reliability.
• In one example, Vicoma performed value engineering by comparing a special plastic piping offer with a carbon steel alternative, revealing a cost-saving opportunity that underscored the software’s strategic value.

Explore Cleopatra’s Cost Estimating Software to see how it can help your projects or request a demo to experience it firsthand.