The document provides an overview of cost engineering, highlighting services such as cost data development, professional training, and project lifecycle support using Cleopatra Enterprise software. It emphasizes the importance of accurate cost estimation and project analysis, offering various estimating classes from Class 4 to Class 2, along with workflows and modules for managing documentation and project progress. Additionally, it presents examples of past projects and showcases how to benchmark and analyze cost estimates for improved decision-making.

1. Cost Engineering

2. Topics
> Who is Cost Engineering?
> What is Cleopatra Enterprise?
> Showcase Estimating an Industrial Plant: Class 4 to Class 2
> Questions & Answers
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3. Added value in Cost Engineering
> Expertise
> Cost Data Development
> Education
> Professional Services
> Software solutions
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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
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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
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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
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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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9. Cleopatra Enterprise
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10. Modules
Project
Analysis Cost
Estimation
Workflow
Risk
Interfacing Analyses
Websharing
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11. Characteristics
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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
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13. Cost types
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14. Direct costs
Objects
Composites
Unit-Rates
Details
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15. Breakdown structures
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16. Breakdown structures
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17. “What if” analysis
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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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20. Cleopatra Enterprise Software Integration

21. Show case:
Example Plant
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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
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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
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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
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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
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