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