A Software Package for Capital Cost Estimation
Abstract
EconExpert is a software package for capital cost estimation and is primarily intended for use by chemical engineering students in plant design. The executable program runs on any Unix platform and prompts the user for various input, such as equipment category, equipment type, equipment sub-type, material of construction, and operating pressure. It then calculates the bare module cost of the equipment. It is also programmed to calculate the grass-roots capital if the user enters information on all relevant equipment in a plant.