a new approach to estimate projects cost · follows aace classification for cost estimation and /...

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Page 1: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition
Page 2: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

A NEW APPROACH TO ESTIMATE PROJECTS COST

Page 3: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

A System for Cost Estimation of Oil , Gas & Petrochemical Projects

Page 4: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC includes : *Parametric cost Estimation *Analogy based Cost Estimation *Detailed Cost Estimation *Resource Based Cost Estimation And Cost Estimation Based on Real Time Data

Page 5: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Each Cost Engineering Technique requires different type of data and information and NoDoC centralized all data in one Pack for all techniques

Page 6: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

So NoDoC is : One Source For All Cost Estimation

Solutions

Page 7: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC A Platform that you can Define

your own Cost Estimation Techniques

Page 8: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

With NoDoC: Select your Cost Estimation Technique Based on Project Phases : Engineering , Procurement , Construction , Installation , Hookup , Commissioning , ….

Page 9: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC Recommends Location Factors and Allowances Factors for Various Regions and Environmental Conditions

Page 10: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC Reports the project Cost Estimation

with Different Currencies , Locations , Regions , sectors and for various

Disciplines

Page 11: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

With NoDoC Develop

Method Statements And Estimate the Cost accordingly

Page 12: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC Covers

Upstream , Midstream and Downstream Sectors

Page 13: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

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%

Page 14: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

With NoDoC You Can Estimate

Whole Project Costs including Direct and indirect costs

Page 15: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

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

Page 16: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Is the cost Estimation differs by Technical Standards ? NoDoC develops the Estimates in the Framework of Standards

Page 17: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Is the project Cost as a Function of commercial conditions ? NoDoC applies INCOTERMS Conditions if you consider them as a Estimation Parameters

Page 18: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Does Your Project Cost Depend on the Selected Technology? NoDoC Estimates the cost based on the selected technology

Page 19: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Define the Project Scope of work and Supply in NoDoC only by five Clicks

and drop down selection list .

Page 20: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Define the Project Battery Limits only by clicking on the Map and get

Profiles Automatically

Page 21: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

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

Page 22: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

Easy access to Real time Cost data with NoDoC by your own iPod , ipad

, iphone and laptops

Page 23: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

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

Page 24: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

NoDoC Services :

Cost Estimation Consultancy Procurement Services Customization

of Cost Models , Assemblies and database based on customers’ requirements Cost Estimation

Training Courses

Page 25: A NEW APPROACH TO ESTIMATE PROJECTS COST · Follows AACE classification for Cost Estimation and / or You can DEFINE your own Class Estimate Class. Name. Purpose. Project Definition

And more coming soon