Learn Cost Estimating through ACCE from Harvey Welker


With over 30 years of experience Harvey Welker unites with AspenTech to deliver this Expert-Led Training class. From tomato soup to industrial wastewater, with stops at refineries and chemical plants in between, that is quite an estimating journey with ACCE!


Harvey is one of the most experienced ACCE experts and in this training, he will share several techniques and best practices to fully embrace the capabilities of ACCE, from simplifying the adoption into your organization, to advanced workflows to estimate detailed elements.​


This course will help you prepare for the certification exam and the exam fee is waived with this course.


Harvey Bio.png

Audience:

Project engineers, cost estimators, and discipline engineers new to Aspen Capital Cost Estimator.

Training Details

  • Course Id:

    EEE105

  • Duration:

    4 day(s)

  • CEUs Awarded:

    2.8

  • Level:

    Introductory

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
  • Make adjustments to project estimates according to local area conditions and reduce potential decision making risks
  • Use system documentation to promote consistent cost estimating methodologies and reduce estimation variability
  • Learn how the various specifications levels input impact final cost
  • Maximize your ability to produce consistent, reliable estimates and reduce the risk involved in making decisions

Approach

  • 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
  • Detailed course notes

Subsequent Courses

  • EEE102 Introduction to Aspen Process Economic Analyzer
  • EEE103 Introduction to Aspen In-Plant Cost Estimator
  • EEE201 Aspen Capital Cost Estimator: Advanced Topics

Agenda

Cost Estimating Principles

Introduction To Aspen Capital Cost Estimator

How The Capital Cost Estimator System Works

Produce The Best Results

Creating a New Project

ACCE Window Customization

Setting Preferences

Defining A Project Basis

Add a Pump

Volumetric Modeling

Component Data Entry Fields

Add a Variable Frequency Drive

Navigating The Reference Documents

Create a Distillation Tower

Multiple Diameter Tower

Create a Field Fabricated Tank

Piping Bulk Item Entry

Adding Nozzles and Line to a Vessel

Finding a Pipe Specification

Using Custom Pipe Specifications

Creating Custom Pipe Specifications

Traced And Jacketed Pipe

Calculating Shop & Field Hours for Fabricated Pipe

Pipe Fitting Frequency Rules

Flow Loop with Mass Flow Meter & Control Valve

Special Instrument Valves (Solenoid, Mov, etc.)

Steel Structure

Pipe Rack

Tee or Bent Supports

Piling

Code of Accounts

Indexing Code of Accounts

Modifying Code of Accounts

Utility Component: Eye Wash and Safety Shower

Quoted Equipment Addition

Equipment Model Library Item Addition

Create An Equipment Cost Model Library

Adding A Unit Cost Library Item

Creating Unit Cost Libraries

Area Concepts

Key Distances

Spreadsheet Input/Export

Building Reusable Projects

Build a Plant

Scan And the Capital Cost Report

Process Control Workshop

Power Distribution Workshop

Interactive Reports

Home Office

Contingency at the Project Level

Escalation Indices

Project & Scenario Nomenclature

Labor Rates & Craft Productivity

Contractor Indirects

Customer Indirects & Proratables

Importing Components & Merging Scenarios

Open A Scenario from an IZP File

Contracts

Risk Analysis

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.