Why You Should Look for Independent Cost Modelling for PPP Opportunities
If you are involved in PPP projects, there is a high likely hood that you will have to put the deal through a cost model. This is even more so the case if you are developing one inside your organization. So, what is a cost model and why should it be independent?
When developing cost models for PPP opportunities, consultants can help provide you with the data you need to make informed decisions about your project. When you're in the process of making a big decision, it can be hard to find unbiased information and data.
That's why it's so important to work with consultants and independents—they bring a fresh perspective on your business, which helps you make better decisions.
The use of consultants and independents to manage PPP asset management and operations has been increasing in recent years. Consultants provide unbiased information on public-private partnerships (PPP) assets, which can help bring more transparency to the process.
Consultants can provide expertise on a wide range of topics including: project risk management, procurement strategies, governance structures and reporting requirements.
In the past, this information would have been difficult to gather on your own—but now, through the use of consultants, it's easier than ever. Consultants can provide you with a wide range of support and expertise:
Detailed cost reports that include all relevant costs associated with your project
Cost-benefit analysis reports showing how much money each aspect of your project will save or make you over time
Detailed reports on how long each part of your project will take and how much it will cost
For many years, WPC has been working with organizations to simplify PPP operational cost models, so that our clients can have a clear picture of the cost of supporting their asset performance.
The cost models we use are among the most advanced in the industry, and they cover more than 200 activity-based cost elements. These include:
-Labour costs
-Materials costs
-Travel costs
-Overhead costs
We are a small consulting firm that helps Public Private Partnerships (PPP) to realize their full profit potential. We work with both the public and private sectors to maximize the efficiency of their assets. Reach out for how we can assist and develop models for new and existing opportunities.
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