Chemical Engineering
AccountGuest Edition My Account My Che.com Log In
Article
Email Email Print Print
Clip Clip & File

Business & Economics :: Cost Engineering

April 1, 2009

Capital Costs Quickly Calculated

Estimating capital costs early can prevent unnecessary expenditures on dead-end projects

Gael D. Ulrich and Palligarnai T. Vasudevan, University of New Hampshire

It’s important to define promising projects quickly so that money is not wasted on dead ends. Economic evaluation should begin at conception and continue in parallel with research and pilot studies before design and development expenses begin to balloon. Costs of prolonging a project and securing more detail increase exponentially with time. Clearly, if the project is a "loser," the sooner it is abandoned, the better....

This information is only available to Gold members.

Forgot your user ID or password?
Click here to have it sent to you.

Not a member yet?

UPGRADE now to full archive accces and you will receive:

  • A discount on full delegate pass to ChemInnovations.

  • Free pass to ChemInnovations show floor.

  • Discounts on store items and and webinars.


 

 

 

Add a Comment

Name:
Email:
Comments:

Please enter the letters or numbers you see in the image. (refresh)
 
 

More Cost Engineering

Related Stories

LinkedIn Groups

Our LinkedIn group is now over 26,000 members strong!

  1. Join other CPI professionals from all over the globe and share best practices, expertise, concerns and more.
  2. Provide feedback to Chemical Engineering Editors


Current members represent Worley Parsons, DuPont, SABIC, Fluor, Air Products, LyondellBasell, Nalco, Dow Chemical, Dow Corning, BASF, Jacobs Engineering, ExxonMobil, Shell, Chevron and more.

Join Now



We also offer the following subgroup for more targeted discussions:

Tools
Search the Buyers' Guide

Plant Cost Index

Facts at Your Fingertips (archive)

Ask the Experts

Back Issues
X
To access this area, please log in or create an account.
Username:
Password:
Forgot your password?
Request it now.
Processing...
Live chat by BoldChat