AspenTech : Engineering & Construction
  • Updated on July 19, 2016
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  • Ron Beck

Driving Value from the Estimate Across the Asset Lifecycle

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The drive towards asset optimization in the upstream, refining, and chemical sectors means that the capital project cost estimate is in sharper focus than ever before. The estimate is not only important in large project bids; it is strategic from the earliest feasibility studies and business evaluations through plant maintenance and troubleshooting capital planning.

In the infographic below, see examples of the significant value that EPCs and clients have wrung out of business process improvements in the estimating process. Click on the company logos for some detailed case studies.

 

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