Cost Engineering Consultancy has been an independent and reliable partner in cost engineering services and software since 1996. Our certified cost engineers have helped owners and (EPC) contractors worldwide in their cost engineering activities on numerous industrial projects.
Cost Engineering Consultancy’s main areas of expertise are:
Cost Engineering Services (Cost Estimating, Cost Control, Risk Management)
Total Cost Management Software - Cleopatra Enterprise
Cost Data Development
Cost Engineering Academy
Professional Services
Combining a solid knowledge of the cost engineering profession with professional tools for cost estimating and project controls, Cost Engineering Consultancy is able to provide owners and EPC firms with a total solution for their cost engineering efforts.
2. Topics
> Who is Cost Engineering?
> What is Cleopatra Enterprise?
> Showcase Estimating an Industrial Plant: Class 4 to Class 2
> Questions & Answers
www.costengineering.eu
3. Added value in Cost Engineering
> Expertise
> Cost Data Development
> Education
> Professional Services
> Software solutions
www.costengineering.eu
4. Expertise
> Preparing and validating estimates during the complete project
life cycle
> Developing and supervising contract strategies
> Benchmarking
> Asset Validation / Verification
> Location factors surveys
> Planning, cost control, quantity surveying
> Risk Assessment
> Value management
www.costengineering.eu
5. Cost Data Development
> Standard cost data for your estimates for onshore and offshore
> Multi-disciplinairy
> Various industries and geographical areas
> Based on DACE labour norms (Western Europe)
> Based on Vendor information, historical project data
> Well documented data qualifications
> Yearly maintenance updates possible
> 3rd Party sources:
> Richardson data
> DACE Price Booklet
> Reed business (Dutch civil)
> Van Leeuwen Buizen Pipe & Tube
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6. Academy
> Based on knowledge and experience
> Individual attention in small groups
> Courses to suit managers as well as estimators
> From introducing terminology to estimating and cost management
> Company specific cost engineering programs
> Cost engineering software tools
www.costengineering.eu
7. Cleopatra Enterprise
> The cost engineering tool for fast and accurate
estimates for the complete project life cycle
> Thorough needs analysis
> Optimized implementation
> Customized training
> Global support
www.costengineering.eu
8. References
> Bulk storage
> Construction industry
> EPC(M)
> Food and Nutrition
> Government
> Gas industry
> Heavy industry
> Pharmaceutical industry
> Petro-/chemical industry
> Power industry
> Mining & Minerals
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12. Cost Estimation Module
> Creating solid cost estimates for various elements of a
project from feasibility up to construction
> Allocate all types of costs: direct, allowances, indirect,
escalation and contingencies
> Creating cost objects e.g. Assemblies
> Monitor and control estimate revisions
> Perform “What-if” analysis
www.costengineering.eu
18. Project Analysis
> Learn from your past projects
> Compare multiple projects and historical data
> Analyze scope development
> Perform health checks to be more confident
> Scheduling and cash flow trending
> Benchmark your organization
> Business intelligence through regression analysis,
pivot tables, or other methods of data mining
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19. Workflow Module
> Control your document routing
> Monitor progress on your projects
> Quickly draw your workflow
> Personalized dashboard
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22. Show case: Example Plant
> Scope
> Distillate process: raw product to middle distillate
> By products: top and bottom
> 28 pieces of equipment (columns, heat exchangers,
tanks, pumps, vessels)
> Executed in Western-Europe
> Price level date 2010
> Finish date: November 2011
> Project life cycle: from feed to execution
> Plant design
> 3D model
> Process flow diagram
> Equipment list
www.costengineering.eu
23. Show case: Example Plant
> Class 4 estimate (40% accuracy):
> Based on Factors
> Parametric Equipment Models
> Applying Hand methodology
> Distribution of disciplines
> Class 3 estimate (20% accuracy):
> Object re-use (Engineering Standards)
> Tuning for more accuracy
> Include allowance, indirect, escalation and contingency
> Disciplines: piping, mechanical, E&I, civil, etc.
> Parts to be estimated
> Class 2 estimate (10% accuracy)
> Detailed Unit-Cost
> Bill of Quantity / Material take off input
> Equipment Parameters
www.costengineering.eu
24. Show case: Example Plant
> Benchmarking
> Compare Class 4 with Class 3 Estimate
> Compare Class 3 with Class 2 Estimate
> Analyze using Metrics
> View Key Quantities
> Scope Development
> Create What-if scenario and compare alternatives
> Show Comparison report
> Cash Flow Analysis
> Show cash flow and schedule
www.costengineering.eu
25. Questions ?
Cost Engineering
HQ - PO box 25, 3330 AA Zwijndrecht, IJsselmeer 32e, 3332
EX Zwijndrecht, The Netherlands
T: +31 78 620 09 10 F: +31 78 620 91 42
E-mail: info@costengineering.eu
www.costengineering.eu