COST ESTIMATING FOR PROCESS ANALYZER PROJECTS - Engineering meets accounting when estimating total project costs

摘要

The premise of this series on process analyzer systems is that analysis and optimization of full lifecycle costs describe the activities and results of a well-planned and well-run analyzer reliability program. In the first article ("How to Launch an Analyzer System Reliability Program/' June '06, p. 49, www.controlglobal.com/articles/2006/112. html), we discussed the analyzer system lifecycle from concept through wear-out and disposal. The second article ("Accurately Scoping Process Analyzer projects," Oct. '06, p. 69, www.controlglobal.com/articles/2006/187.html) addressed the scope of process analyzer capital projects, while the third dealt with analyzer system documentation requirements during the lifecycle ("Project Roadmaps Get You There," Dec. '06, p.47, http://www.controlglobal.com/articles/2006/250. html). This fourth article will address cost estimating for the capital project on which the analyzer system is installed, through start-up and commissioning. Maintenance management and costs will be discussed later.