The Cost of Takeoff: How Connico’s approach to ROM and conceptual estimates sets clients up for success

Securing funding and managing budgets for large-scale projects starts with a crucial first step: understanding costs early. Connico specializes in translating clients’ initial ideas into clear, reliable cost insights through rough order of magnitude (ROM) and conceptual estimates. This service provides clients with a solid foundation to make informed decisions, even when project details are scarce.

Karl David, our senior cost specialist, shares how Connico’s approach to ROM and conceptual estimating sets us apart and helps clients succeed.

What are ROM and conceptual estimates, and why are they important?

Karl: ROM and conceptual estimates are tools that provide cost predictions in the early stages of project planning when details are limited. They give clients a stronger understanding of potential investments, allowing them to allocate resources and plan cash flow before committing to final designs.

For example, a client might approach us with a basic concept for a multi-phase project. Using our expertise, we develop a simple yet comprehensive summary to show the total projected cost. This helps clients evaluate financial feasibility early, laying the groundwork for a successful project.

How does Connico approach ROM and conceptual estimating differently than other firms?

Karl: What sets Connico apart is our in-house expertise. We don’t outsource any part of the estimating process, which ensures continuity, accuracy, and efficiency. Our team has more than 400 years of combined experience across architecture, construction, and cost estimation, which allows us to address every aspect of a project, from structural design to mechanical systems.

Our estimators work collaboratively to anticipate challenges others might overlook, such as environmental issues or logistical constraints. This holistic approach speeds up timelines, minimizes errors, and delivers reliable estimates that clients trust.

What’s an example of a project where Connico’s estimation approach added exceptional value?

Karl: One standout project was at Denver International Airport (DEN). We were tasked with expanding a terminal in an area with tough site conditions. One major challenge was a road that couldn’t be relocated, which complicated material delivery.

To solve this, we proposed building a tunnel under the road — a creative solution that kept the project on schedule and within budget. This not only impressed the DEN team but also led to additional projects with them. It’s a great example of how Connico’s innovative thinking and proactive problem-solving add value for clients.

What challenges arise when preparing ROM and conceptual estimates, and how does Connico address them?

Karl: One of the biggest challenges is working with little information. A client might only be able to provide a high-level vision or even a napkin sketch. In these cases, we rely on our experience and industry knowledge to make informed assumptions.

For example, when working on a project near coastal areas, we consider environmental factors like tidal water and soil conditions, ensuring our estimates account for potential obstacles. Our understanding of construction methods and real-world challenges across the country helps us deliver sound estimates when details are still coming together.

Why do clients keep coming back to Connico for ROM and conceptual estimates?

Karl: It’s a combination of trust, expertise, and our collaborative approach. Many of our clients are repeat customers because they know we consistently deliver accurate results. We also communicate openly and adapt quickly when challenges arise, which builds strong relationships.

Clients appreciate that we handle everything in-house, saving time and reducing the risk of inconsistencies. They know they can rely on us to provide actionable insights that help them make informed decisions.

Connico’s ROM and conceptual estimating services are designed to simplify complex projects and empower clients with the confidence to move forward. Explore our services to see how we can add value to your next project.