Eos Group | Blog

AACEI 2016 Annual Conference

Posted by Nick Papadopoulos on Jul 12, 2016 11:00:00 AM

This year’s conference was held at the Sheraton Centre Hotel in Toronto, Canada. Once again, the AACEI staff put on a great conference in a great venue in a great city. For those that haven’t spent time in Toronto (especially in the summer), I highly recommend you find some time to enjoy the city.

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Topics: Eos Group, Estimating Software, Nick Papadopoulos, Cost Estimating, Cost Estimator, Cost Management, Cost Engineering, Total Cost Management, Cost Estimating Solution, Cost Engineering Consultancy, Cleopatra Enterprise, Cleopatra Total Cost Management, Project History, Project Controls, AACE, AACEI

Creating Class 2 Estimates

Posted by Tony Colburn on Jun 14, 2016 10:30:00 AM

 

Class 2 Estimates Using Your Project History, Total Cost Management, and Cleopatra Enterprise

This is the fourth and final post in a series demonstrating how Cleopatra Enterprise facilitates creating estimates of different levels of accuracy as defined by AACE International's classification supporting its Total Cost Management (TCM) framework.

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Topics: Cost Estimator, Cleopatra Enterprise, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, TCM, AACE International, AACE

Creating Class 3 Estimates

Posted by Tony Colburn on May 3, 2016 11:45:37 AM



Create Class 3 Estimates Using Your Project History, Total Cost Management, and Cleopatra Enterprise

This is the third post in a series demonstrating how Cleopatra Enterprise facilitates creating estimates of different levels of accuracy as defined by AACE International's classification supporting its Total Cost Management (TCM) framework. 

A Class 5 or rough order of magnitude estimate rough order of magnitude estimate was prepared to assist management in determining project feasibility and a Go/No-go decision.  

A Class 4 or screening estimate or screening estimate led to a contract and the project has started. Estimators are now preparing more detailed estimates for self-perform and/or contractor estimate validation. The data you use needs to support specific quantification that relates directly to the equipment or objects (like buildings, sites, etc.) required for the project. All disciplines related to the equipment or object need to be accounted for and assemblies of detailed items can be leveraged to prepare the estimate. 

In this example, we will prepare a Class 3 estimate for a distillate plant using an approach supported by a more detailed knowledgebase with predefined data and tools. Future blog posts in the series will evolve the estimate as more engineering becomes available.

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Topics: Cost Estimator, Cleopatra Enterprise, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management

Spotlight on the Australian Section

Posted by Eos Group on Apr 5, 2016 12:26:13 PM

Photo courtesy of Source Magazine: Martin Van Vliet, of Cost Engineering Consultancy, with his student at Engineers Australia in Melbourne.

This February our partner, Cost Engineering Consultancy, toured Australia giving a series of workshops discussing Total Cost Management (TCM).

These half-day workshops covered the best practices for preparing quality estimates, executing cost control, and managing the costs of the project, while keeping within the budget, schedule, and desired quality.

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Topics: Cost Estimator, Cleopatra Enterprise, AACEI, Cleopatra Total Cost Management, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, 2016 Australian Workshop, CEC

Cleopatra Enterprise 6.0

Posted by Eos Group on Mar 29, 2016 10:53:45 AM

In an effort to continuously meet market demand and stay ahead of the competition, Cost Engineering has released the latest version of their software Cleopatra Enterprise

To read the full announcement, please click here.

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Topics: Cost Estimator, Cleopatra Enterprise, Cleopatra Total Cost Management, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management

Creating Class 4 Estimates

Posted by Tony Colburn on Mar 22, 2016 12:03:25 PM


Webinar Registration

Create Class 4 Estimates Using Your Project History, Total Cost Management, and Cleopatra Enterprise

This is the second post in a series demonstrating how Cleopatra Enterprise facilitates creating estimates of different levels of accuracy as defined by AACE International's classification supporting its Total Cost Management (TCM) framework.

A Class 5 or screening estimate has been prepared and approved, and now  you want to study the project further. Ideally you have cost data to support estimating with equipment-based factored and parametric cost models to achieve an estimate in the 40% accuracy range.

In this example, we will prepare a Class 4 estimate for the column in a distillate plant using an approach supported by a knowledgebase with predefined data and tools. Future blog posts in the series will evolve the estimate as more engineering becomes available.

 

We will be in Toronto at the Annual AACEI Meeting on June 26-29. Be sure to stop by and visit our booth to lear more about our TCM solution! 

To learn more about Cleopatra, please join us for a special webinar introduction, March 25th at 9:00am CST.

 

 

 

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Topics: Cost Estimator, Cleopatra Enterprise, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, Class 4 Estimates

Thoughts from the 2016 Western Winter Workshop

Posted by Nick Papadopoulos on Mar 15, 2016 8:30:00 AM

I had the pleasure of attending the 2016 Western Winter Workshop in Indian Wells, CA earlier this month. This year’s event was presented jointly by the AACEI San Francisco Bay Area and Southern California sections. It was my first event after many, many attempts to participate in prior workshops. Naturally, something always got in the way—work, family, vacations, etc.—but not this time.

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Topics: Cost Engineering, Cost Estimator, Cost Management, Cleopatra Enterprise, Cost Engineering Consultancy, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, AACEI WWW, Total Cost Management, CEC

Creating Class 5 Estimates

Posted by Tony Colburn on Mar 10, 2016 9:00:00 AM

Create Class 5 Estimates Using Your Project History, Total Cost Management, and Cleopatra Enterprise

This is the first post in a series that demonstrates how Cleopatra Enterprise facilitates creating estimates of different accuracy levels as defined by AACE International's classification supporting its Total Cost Management (TCM) framework.

For this case, we will prepare a Class 5 estimate for a distillate plant. To read the full example, please click below.

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Topics: Cost Estimator, Cleopatra Enterprise, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management

AACE International Western Winter Workshop 2016

Posted by Madeleine King on Mar 2, 2016 10:00:00 AM

 

We will be at the 2016 AACEI Western Winter Workshop in Indian Wells, CA. March 3-6.

Be sure to stop by and talk to Nick about our Total Cost Management Solution.

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Topics: Cost Estimator, Cleopatra Enterprise, Cleopatra Total Cost Management, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management

Who Does the Heavy Lifting?

Posted by Nick Papadopoulos on Sep 22, 2015 10:00:00 AM

What’s the right approach to a cost estimating solution? Should the user be responsible for the heavy lifting, or should the system handle most of the work?

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Topics: Cost Estimator, Cleopatra Enterprise, Nick Papadopoulos, benchmarking, Cleopatra Total Cost Management, Sage Estimating, Cost Estimating Solution, Cost Estimating, Knowledgebase, Database

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