Recommended Practices for Cost Estimating Maintenance Turnarounds

~ Writing a Basis of Estimate ~ The Recommended Practices issued by AACE International are widely recognized and have been adopted in estimating and control departments across the process industries. Until recently, the focus of these practices was mainly on capital projects. However, they are now also beginning to cover Maintenance Turnarounds. A first RP on Maintenance […]

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Documenting Your Turnaround Cost Estimate

Overview from article written for the May 2021 edition of “The Chemical Engineer” magazine… Maintenance turnaround teams are under ever increasing pressure to improve their cost estimating prowess. A gap in the steps towards improvement is the reluctance of maintenance turnaround teams to take the time to document their cost estimates. By writing a basis […]

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