Refresher Aspen Capital Cost Estimator for Certification

Use the Aspen Capital Cost Estimator system more effectively, tailoring it to specific project estimates.

Audience:

  • Cost estimators, and discipline engineers with Aspen Capital Cost Estimator experience (2 - 5 years recommended)

Training Details

  • Course Id:

    EEE200

  • Duration:

    1 day(s)

  • CEUs Awarded:

    0.7

  • Level:

    Intermediate

Benefits

  • Use Aspen Capital Cost Estimator to evaluate your company's projects and maximize return on investment
  • Build, interpret, and revise estimates in a fraction of the time required by traditional methods
  • Maximize your ability to produce consistent, reliable estimates and reduce the risk involved in making decisions
  • Review new topics included in ACCE on latest versions

Approach

  • Instruction on basic topics
  • Instructor-guided demonstrations of features
  • Hands-on workshops that apply learned concepts
  • Detailed course notes

Tasks

  • Instruction on basic topics
  • Discuss general approach to building a project/estimate and the key elements for successful usage
  • Participate in instructor-guided demonstrations which show how the product features contribute to efficient estimate preparation
  • Hands-on workshops provide students with many opportunities to use the product and to apply concepts learned in seminar sessions

Pre-requisites

Attend training course “EEE101: Introduction to Aspen Capital Cost Estimator” and extended experience in using Aspen Capital Cost Estimator

Subsequent Courses

  • EEE201 Aspen Capital Cost Estimator: Advanced Topics

Agenda

Review of Aspen Capital Cost Estimator Certification Study Guide
  • Discuss topics that will be evaluated in the Certification Exam
Spreadsheet Export/Import
  • Discuss the import/export spreadsheet, which enables sharing of data with third-party applications
  • Discuss project standards, enabling consistency and reliability among estimates
  • Workshop 1: Utilize Export/Import
Extending ACCE into Detailed Estimating
  • Make detailed adjustments to a project using Unit Rate Estimating
  • Workshop 2: Make Adjustments to a Project Using Unit Rate Estimating
Risk Analysis
  • Apply Risk Analysis to ACCE evaluation results to determine the projects contingency.
  • Workshop 3: Calculate Project Contingency
Plant Turn Around
  • Discuss Aspen Capital Cost Estimator’s default volumetric model and how to toggle it off for turnaround projects.
  • Discuss the differences between the M and N option to suppress volumetric model 
Build a Plant
  • Incorporate acquired skills into a cumulative, detailed project estimate
  • Workshop 4: Build a Plant (Optional)

Register for a Class

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Aspen Technology, Inc. awards Continuing Education Units (CEUs) for training classes conducted by our organization. One CEU is granted for every 10 hours of class participation.