Cost Estimation in Plant Construction

At the early project stages of plant construction, cost estimates for projects in the process industry are a prerequisite for gaining a competitive advantage in a global market with increasing commodity prices, engineering and installation costs.

This book gives readers a detailed overview of the structure of cost estimates in brownfield and greenfield plant projects and the method of preparing the required accompanying documentation. Using a project example, the book presents a cost estimate with different levels of accuracy. The attachment comprises cost estimation templates and corresponding documents that can also be ordered separately from the publisher as Word and Excel files.

 Basics of cost estimation

• Cost estimation types, classes and methods
• Planning (engineering)
• Equipment and material procurement
• Installation and construction
• Exemplary templates