Industry-leading escalation data, reports and regular market updates
Better project decision-making
Cost Escalation Solution
Introduction
Recent project cost volatility has underscored the importance of transparent, regular escalation data, which can provide insight into supply chain costs, underlying commodity and labor markets, and proactively plan for risk.
We provide granular and transparent escalation data across all energy types, channeled through analytics, data and regular updates from our analysts. This data is compliant with ISO-19008, allowing for easier integration into estimating and benchmarking work processes.
Our escalation forecasts are anchored through bottom-up activity databases that regularly update supply versus demand balances for goods and services. We also incorporate relevant macro-economic factors to equip our clients with a transparent view of where escalation is trending for each good and service we monitor.
How can this help you
Energy Companies
Analyze escalation trends and their underlying drivers to:
Easily apply escalation factors to a variety of estimates: from high-level greenfield projects to detailed brownfield campaigns and everywhere in-between
Normalize historical project cost performance to create like-for-like benchmarks
Evaluate escalation across energy types
Suppliers
Leverage escalation data insights to optimize project performance:
Apply granular escalation factors against detailed, budgetary estimates
Reconcile and benchmark actual project performance against market expectations
Identify project risk areas through escalation forecasts requiring additional project controls support during design and execution phases.
Official escalation partner for the Performance Forum, managed by Turner & Townsend
Rystad Energy is excited to be the official escalation partner for the Performance Forum, managed by Turner & Townsend. Our comprehensive escalation data, reports and regular market updates will provide valuable insights into supply chain costs for the 24 member companies, assisting cost estimators, project controls and development planners in proactively managing risks and enhancing project decision making.
Cost Escalation Indices Dashboard
Explore Unparalleled Insights with our Cost Escalation Dashboard Unlock a new level of granularity in cost escalation analysis with our robust dashboard. Featuring compliance with ISO-19008 standards across 78 Code of Resource (COR) categories, this dashboard empowers you with escalation forecasts rooted in a bottom-up activity database. The dynamic supply-demand balance updates provide actionable intelligence for informed decision-making. Data and analytics are global in scope; the dashboard encompasses data from 15 execution countries and 15 asset locations, offering facility-level historical data dating back to 2010. Seamlessly supplementing Performance Forum escalation curves, this dashboard provides deeper insight into the drivers behind trends. Quarterly reports and ad hoc commentaries further illuminate specific trends and the escalation landscape. Key use cases include normalizing historical project cost estimates to a common baseline, tracking escalation across COR categories, and forecasting future project escalation. This indispensable tool is your gateway to precise cost estimation and superior project planning. Contact us to learn more about this dashboard and our supply chain tools.
Access granular and transparent escalation data across all energy types, compliant with ISO-19008
- Evaluate escalation impacts to varying project types across all energies
- Deep-dive into escalation for individual items per ISO-19008
- Understand underlying drivers behind escalation trends, both historical and forecasted
Rystad Energy advisors integrate with client teams to map the most effective route toward their objectives:
- Optimizing corporate strategy
- Analyzing market trends
- Solving transaction challenges
The Rystad Energy Institute provides personalized courses that position individuals and organizations at the forefront of the energy transition.
- Elevate your energy IQ
- Stay ahead of the curve
- Drive career growth
Our approach