Book Helps With Cost Estimation In Plant Engineering

2023 Author : Hannah Pearcy | [email protected] . Last modified: 2023-06-01 01:49

Determining the investment costs is an elementary part of project planning and economic considerations in the process industry. In globally operating markets with rising raw material prices and growing engineering and assembly costs, solid cost estimates in the early phases of project execution can decide about later competitive advantages.

The specialist book "Cost Estimation in Plant Engineering" gives a detailed overview of the structure of cost estimates when planning brownfield and greenfield plants. According to the classic project cycle, the book is based on the phases of planning, procurement and construction of plants. The systematic estimates of the planning services, the procurement of materials and equipment as well as the construction and construction site costs are presented.

New manual for cost engineers

"Cost estimation in plant engineering" presents the basics of cost estimation in the planning, material procurement and construction of plants. The procedure is illustrated using a sample project and numerous templates and accompanying documents. Readers who prefer a digital version can purchase the documents separately as freely editable files.

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In addition to a detailed basic section, the procedure for creating the necessary accompanying documents is also described. The final example project offers a further practical reference, on the basis of which the authors carry out a comprehensive cost estimate with different levels of accuracy.

The appendix to the book contains templates and accompanying documents that support practitioners in estimating costs and make it easier for students to understand the practical implementation. Readers who prefer a digital version of the documents can purchase them separately as freely editable Word or Excel files from the publisher.

Excerpts from the content:

• Basics of cost estimates
• Cost estimation types, classes and methods
• Planning (engineering)
• Equipment and material purchasing or procurement (procurement)
• Assembly and installation (construction)
• Template examples

The book can be ordered on the Vogel Fachbuch website - also available as an e-book

This contribution comes from our partner portal Process.de.