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About Capital Cost Estimation: CEE20001 Introduction To Chemical Engineering Design
This document discusses capital cost estimation methods for chemical engineering projects. It describes three types of capital cost estimates based on accuracy: preliminary (±30%), authorization (±10-15%), and detailed (±5-10%). Capital costs include fixed capital for initial plant costs and working capital for operating costs. Estimation methods covered are exponential, factorial, and step counting. The document provides an example of using the exponential method to estimate the capital cost of a larger plant based on the costs of a similar existing plant, adjusting for inflation and location.
Detailed Information
| Author: | ['Shaffaf Thajudheen'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 27 |
| Language: | English |
| Format: | |
| Price: | FREE |
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