NORCROSS, Ga., March 31, 2016 /PRNewswire/ -- The Spear Group, an industry-leading firm providing project management and project controls services, has announced a joint venture with Strategic Estimating Systems (SES). Through this new joint venture, Spear and SES will provide clients seamless best-in-class project management, project controls, and cost estimating services to clients in the energy, pharmaceutical, industrial, and engineering industries.
The strategic partnership between Spear and SES will be a comprehensive solutions oriented enterprise, joined-up to create value added capacity and deliver end-to-end solutions from conceptual stages to construction execution and through to plant operations. "The intention is to create the best of both worlds- a top-class estimating firm in conjunction with Spear's experience in project management and project controls to help ensure clients complete projects efficiently, cost effectively, on time and on budget," commented Spear president Jessica Liu. "We're confident this joint venture will provide our clients with an unprecedented level of access to the assets they need to complete projects successfully without needing to involve additional resources."
"We are attracted to Spear's overwhelming commitment to develop winning strategies for their customers. Weighing each of their client successes as a metric by which they judge their own success directly matches our own internal model. Actually, there are many areas between our two companies that are complementary and we are still discovering those synergies, but it is clear that our cost estimating capabilities synch quite well with Spear's project management and project control solutions, and we are excited to deliver our services jointly," stated SES CEO Mike Monteith.
The Spear Group, Inc. has been in the business of providing professional project controls services to Fortune 500 clients for over 34 years. Areas of specialty include providing services in the area of program management, scheduling, planning, owner's representation, and cost engineering.
Strategic Estimating Systems (SES) is recognized as a global leader in delivering economic evaluation solutions such as independent third party capital cost estimation during various stages of the project execution process. SES has been involved in over two hundred projects with more than seventy-five companies spanning across thirty-two countries and estimates approximately $50 Billion USD of capital expenditures annually. SES recently launched proprietary software that automates the material take-off process normally done by hand for bulk quantities. With over $1 Trillion USD of project estimating experience in the past decade, SES is repeatedly trusted to play a significant role throughout the entire project lifecycle and constantly commits to providing cost estimating integrity, additional layers of due diligence, and granular reporting methods.
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SOURCE The Spear Group