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Order of Magnitude and Conceptual Estimates: 3. Unit Prices and Unit Hours in Section 19.4

An order-of-magnitude estimate can be prepared quickly using the equipment count and factors in Section 19.11. A conceptual estimate broken down by construction discipline can be developed in a couple days for a plant with 50-100 equipment items using the annotated equipment list. The document provides guidelines for estimating costs for equipment, erection, instrumentation, electrical, engineering, piping, structural steel, labor, other direct accounts, and field indirects for conceptual estimates.

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41 views1 page

Order of Magnitude and Conceptual Estimates: 3. Unit Prices and Unit Hours in Section 19.4

An order-of-magnitude estimate can be prepared quickly using the equipment count and factors in Section 19.11. A conceptual estimate broken down by construction discipline can be developed in a couple days for a plant with 50-100 equipment items using the annotated equipment list. The document provides guidelines for estimating costs for equipment, erection, instrumentation, electrical, engineering, piping, structural steel, labor, other direct accounts, and field indirects for conceptual estimates.

Uploaded by

sivavalai
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

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Chapter 19 All the estimating units can easily be adapted to reflect project-specific materials costs and labor rates.

NOTE: ALL THE COSTS PROVIDED ARE BASED APPROXIMATELY EQUIVALENT TO END AND A CE PLANT COST INDEX OF 420.

ON OF YEAR 2000

Order of Magnitude and Conceptual Estimates


When only the equipment count is available an order-of-magnitude estimate can be prepared in a few minutes, with the aid of the factors included in Section 19.1 1. See example in Section 5.3. When the equipment list with brief description is also available (annotated equipment list), conceptual a estimate broken down by construction disciplines can be developed in a couple of days for a plant with 50 to 100 equipment items.

- Equipment Costs - Use Section 19.2. Add 5% for freight. - Equipment Erection - Use 20% of equipment cost as per Section 19.2. - Instrumentation - Based on equipment count as per guidelines in
Section 19.7.
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Electrical - Based on motor count as per guidelines in Section 19.6.

- Engineering - Estimate based on equipment list as per Section 19.8. - Piping - Use a combination of:
1. Factors in Chapter IO. 2. Conceptual shortcut in Section 19.1 1. 3. Unit prices and unit hours in Section 19.4. 4. Judgment.

- Structural Steel - Use a combination of:


1. Factors in Chapter IO. 2. Judgment to conceptualize the volume of structure required to contain the equipment and the pipe racks. 3. Section 19.3 to estimate weight and cost.
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Labor Costs - Follow guidelines in Section 19.9. Other Direct Accounts - Use factors in Chapter 10. rates. use 20% of labor and subcontract columns.

- Field Indirects - Since all costs and factors are based on subcontractor

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