A Software Package for Capital Cost Estimation


  • P.T. Vasudevan University of New Hampshire
  • Deepak Agrawal University of New Hampshire


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.

Author Biographies

P.T. Vasudevan, University of New Hampshire

P.T. Vasudevan is Associate Professor of Chemical Engineering at the University of New Hampshire. He has taught a number of courses that include process control, biochemical engineering, reaction kinetics, mass transfer and polymer engineering. His research interests are in the area of catalysis and biocatalysis.

Deepak Agrawal, University of New Hampshire

Deepak Agrawal graduated with a MS degree in Chemical Engineering from the University of New Hampshire in the area of Expert Systems. He is a management consultant helping leading global companies with strategic and tactical issues in the areas of supply chain, operations, and product development.