A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and /...
Transcript of A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and /...
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A NEW APPROACH TO ESTIMATE PROJECTS COST
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A System for Cost Estimation of Oil , Gas & Petrochemical Projects
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NoDoC includes : *Parametric cost Estimation *Analogy based Cost Estimation *Detailed Cost Estimation *Resource Based Cost Estimation And Cost Estimation Based on Real Time Data
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Each Cost Engineering Technique requires different type of data and information and NoDoC centralized all data in one Pack for all techniques
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So NoDoC is : One Source For All Cost Estimation
Solutions
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NoDoC A Platform that you can Define
your own Cost Estimation Techniques
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With NoDoC: Select your Cost Estimation Technique Based on Project Phases : Engineering , Procurement , Construction , Installation , Hookup , Commissioning , ….
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NoDoC Recommends Location Factors and Allowances Factors for Various Regions and Environmental Conditions
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NoDoC Reports the project Cost Estimation
with Different Currencies , Locations , Regions , sectors and for various
Disciplines
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With NoDoC Develop
Method Statements And Estimate the Cost accordingly
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NoDoC Covers
Upstream , Midstream and Downstream Sectors
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NoDoC Follows AACE classification for Cost Estimation and / or You can DEFINE
your own Class Estimate Class Name Purpose Project Definition
Level
Class 5 Order of Magnitude Screening or Feasibility 0% to 2%
Class 4 Intermediate Concept Study or Feasibility 1% to 15%
Class 3 Preliminary Budget,
Authorization, or Control
10% to 40%
Class 2 Intermediate Control or Bid/Tender 30% to 70%
Class 1 Definitive Check Estimate or Bid/Tender 50% to 100%
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With NoDoC You Can Estimate
Whole Project Costs including Direct and indirect costs
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What is your role in the project ? Investor or Owner ? Client or contractor ? Engineer or Estimator ? Manufacturer or Vendor ? NoDoC Refines and reports The project costs Based on your role
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Is the cost Estimation differs by Technical Standards ? NoDoC develops the Estimates in the Framework of Standards
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Is the project Cost as a Function of commercial conditions ? NoDoC applies INCOTERMS Conditions if you consider them as a Estimation Parameters
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Does Your Project Cost Depend on the Selected Technology? NoDoC Estimates the cost based on the selected technology
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Define the Project Scope of work and Supply in NoDoC only by five Clicks
and drop down selection list .
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Define the Project Battery Limits only by clicking on the Map and get
Profiles Automatically
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With NoDoC, Quickly Estimate the Project Cost, Run the Feasibility Model According to
the Partner Interested Technique, Calculate the Economic and Financial Indicators and
Generate Options by one Click and Serve Yourself with these Empowered Knowledge in Negotiations and Commercial and Technical
Lobbies
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Easy access to Real time Cost data with NoDoC by your own iPod , ipad
, iphone and laptops
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Estimate the cost of project CAPEX and OPEX with : Cost Models : for plants Assemblies : for equipment and materials Database : for materials , equipment labors , consumables , suppliers
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NoDoC Services :
Cost Estimation Consultancy Procurement Services Customization
of Cost Models , Assemblies and database based on customers’ requirements Cost Estimation
Training Courses
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And more coming soon