Calculating Project Contingency Using Cost Risk Analysis in Aspen Capital Cost Estimator™ (ACCE)


Aspen Capital Cost Estimator (ACCE) empowers project teams to perform integrated cost risk analyses using Monte Carlo simulations, helping ensure budget reliability for capital projects.

In this jump start guide, you'll learn how to use ACCE to calculate contingency for a gas plant estimate by identifying key cost risks and generating probabilistic outcomes, all within a streamlined, data-connected platform that eliminates manual transfers and accelerates decision-making.

Why we collect this data

AspenTech is collecting and may process your personal data for a variety of reasons related to our business and our ability to deliver the best possible products, customer support service and overall user experience. Accordingly, we may use your personal data to administer research surveys, to accurately deliver contracted services, to register you for events, to understand your preferences and to detect and prevent any fraudulent or unauthorized activities. Please refer to AspenTech’s Privacy and Security Policy, which is available here, for more information regarding our collection and processing of your personal data.

Are you a current user of AspenTech solutions?

Please complete the captcha.

Thank you for downloading this resource

If your download did not begin