Cost Estimation and Project Management Volume 1: Plant Operations

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Description

Cost estimation and project management are essential activities in countless chemical process industries (CPI) activities.

Delivered in a PDF format. 152 pages.

The articles in this Chemical Engineering Guidebook provide a variety of practical strategies for carrying out cost estimation and budgeting related to CPI projects, and for managing the many aspects of such complex engineering undertakings.

Important topics, such as selecting materials of construction, proper supply chain management, waste management and energy efficiency — all of which must be handled properly to ensure optimal, cost-efficient operation — are covered.

Several articles focus on process safety and instrumentation, while others provide cost-estimation and project-management strategies related to pumps, valves, filtration systems and pilot plants. Articles are compiled from previous issues of Chemical Engineering.

Articles Include:

Achieving Excellence in Energy Efficiency

Effective energy-management programs provide motivation for behavioral, technical and business changes that improve efficiency

 

Supply Chain Challenges and Solutions

Transportation is vital to the CPI, so here are some tips to keep your products moving as the market for hazardous-materials shipping continues to tighten

 

Capital Costs Quickly Calculated

Estimating capital costs early can prevent unnecessary expenditures on dead-end projects

 

Making Sense of Your Project Cost Estimate

Using different estimation levels, determined throughout the engineering phase of a project, can save time and avoid surprises when it comes time to bid

 

Engineering for Plant Safety

Early process-hazards analyses can lead to potential cost savings in project and plant operations

 

Managing SIS Process Measurement Risk and Cost

With a focus on flowmeters, this article shows how advances in measurement technologies help safety system designers reduce risk and cost in their safety instrumented systems (SIS) design and lifecycle management

 

Construction- Cost Indices

 

The CPI Construction Boom: Project Delivery in a New Landscape

Companies need more creative ways to deal with complex and ever-changing market and technical challenges

 

Avoiding Project Failures

Recognize these key project-failure modes, so that corrective action can be taken

 

Improve Your Contingency Estimates for More Realistic Project Budgets

Reliable risk-analysis and contingency-estimation practices help to better manage costs in CPI projects of all sizes

 

Competitive Pricing of Process Plants

Accurate pricing of CPI plants involves integrating technical design with economic evaluation and accounting for many types of risk. Knowledge of costing methods from the perspective of EPCs and owner-operators is critical

 

Considerations for Estimating the Costs of Pilot-Scale Facilities

The differences between industrial-scale facilities and pilot plants go beyond size, and these intricacies must be understood when estimating the costs associated with pilot-scale facilities

 

The Next Step Change in Process Safety

Leveraging the convergence of operational and information technologies can aid in minimizing risk

 

Pilot Plant Cost Estimating: Make Intelligent Use of Contingency

In capital cost estimating, provision for contingency is often a misunderstood concept. Here are guidelines for applying it soundly to estimates involving pilot plants

 

Seven Tools for Project Success

Having the right tools is essential for success. These tools are of use to both novice and experienced project managers

 

Project Optimization Through Engineering

Follow these practical recommendations to reduce capital outlay and operating costs, deliver shorter schedules and improve design quality

 

Control Valve Selection: True Cost Savings Are Available

Control valves must respond quickly and accurately in a variety of process conditions. Selecting the proper equipment enhances process economics, safety and efficiency

 

The Integral Role of Waste Management in Capital Projects

To avoid unnecessary efforts and mitigate risks, all phases throughout the design and implementation of large capital projects should incorporate comprehensive planning for waste management

 

Materials Management — Evolving the Process for an Evolving Marketplace

The case examples presented here show that proper planning, communication and execution of tasks can add value and reduce unintended negative consequences for many capital-intensive projects

E&C projects Clarifying the Role of the Lead Process Engineer

The LPE can make or break a project, depending on how well he or she clarifies the project scope and produces thorough PFDs and P&IDs

 

Performance Trends of Top Performers in the CPI

Focusing on a ‘reliability culture,’ mechanical availability and optimum costs leads to top performance

 

Process Safety and Functional Safety in Support of Asset Productivity and Integrity

Approaches to plant safety continue to evolve based on lessons learned, as well as new automation standards and technology

 

Estimating the Total Cost of Cartridge and Bag Filtration

When changeout and disposal costs are added to the purchase cost of filters, the total cost of

disposable filters can more than quadruple. A proven method of reducing total life-cycle cost is larger surface-area filters

 

Improving the Operability of Process Plants

Turndown and rangeability have a big impact on the flexibility and efficiency of chemical process

operations