Estimating Pilot Plant Costs

6 hours

This course provides training for research personnel on how to estimate the costs for a new or modified pilot plant or laboratory unit and avoid the problems that often arise. It discusses the different methods with their advantages and disadvantages and offers practical guidelines and suggestions for avoiding a bad estimate. It is intended for both new and experienced personnel.

  1. Introduction
  2. Overall Issues
  3. Estimate Classes
  4. Estimate Methodologies: Similarity
  5. Estimate Methodologies: Cost Factors
  6. Estimate Methodologies: Detailed Time and Materials
  7. Contingency
  8. Estimate Accuracy
  9. Operating Costs
  10. Start Up Costs
  11. References
  12. Q&A