Aspen Economic Evaluation

The Aspen Economic Evaluation product family enables companies to rapidly and confidently evaluate capital investment projects early in the design process, understand the economic implications of engineering decisions, and effectively manage the project. This group of products uniquely contains built-in engineering and cost content to produce comprehensive, accurate conceptual estimates.

Reduce costs across the process lifecycle. Evaluate the economic impact of process designs starting in the early conceptual phase. Aspen Process Economic Analyzer allows users to map, size, and estimate costs for equipment directly from process simulators. Brochure: Aspen Economic Evaluation Family Brochure: Compare V8.0 with Earlier Versions Learn More Additional Resources >>		Generate conceptual and detailed cost estimates. Aspen Capital Cost Estimator considers both equipment and associated plant bulks as design-based installation models. With this approach, users can produce both conceptual and detailed estimates of the cost of process models. Video: Model-Based Cost Estimating Learn More Additional Resources >>

Optimize capital and maintenance projects. Integrating the power of Aspen Icarus technology with the industry-leading project management capabilities of Primavera, Aspen In-Plant Cost Estimator enables companies to best plan small capital and maintenance projects for existing plants. Learn More Additional Resources >>		Conduct relative cost estimation from within the process simulator. Using the power of Integrated Economics, process engineers can execute relative cost analysis inside the Aspen HYSYS® and Aspen Plus® user interfaces. Map and size equipment from unit operations and consider preliminary capital and operating costs. Webinar: Integrated Economics Step-by-Step with Aspen HYSYS Webinar: Integrated Economics Step-by-Step with Aspen Plus Additional Resources >>

Run continuous economic evaluation within the process simulator. Activated Economics in Aspen HYSYS and Aspen Plus empowers the process engineer to determine the economic impact of design decisions immediately, estimate capital cost for the plant, predict utility costs, and analyze costs for specific equipment. Video: Activated Economics in Aspen HYSYS Video: Activated Economics in Aspen Plus Additional Resources >>		See how customers optimize with Aspen Economic Evaluation. See how customers have directly benefited from using Aspen Economic Evaluation for their estimating challenges. Case Study: ConocoPhillips Accelerates decision making and lowers costs Case Study: PEMEX out-performs industry benchmarks Learn More Additional Resources >>

Get up to speed faster with Online Training. Learn about product features and workflows or refine skills on advanced topics with video tutorials and Computer Based Training (CBT) courses. CBT courses provide a structured learning path with an interactive and rich learning experience. Learn More Additional Resources >>

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