Turnaround Cost Estimating demo
Cost engineers recut past final reports into a common breakdown, then walk a bridge bar by bar to the next estimate, each bar open to its source. 1:23
What the demo shows
Builds and tests turnaround estimates against normalized past actuals, for cost engineers.
Agents read six final reports and 28,340 cost records, recut them into one breakdown and propose each move with a citation. A bridge walks from 2019 actuals to the 2027 estimate, every bar opening its sources and every assumption a dial. A cost engineer decides, a lead countersigns moves and finance countersigns the estimate.
Transcript
- Turnaround Cost Estimating Build Budgets from Past Actuals for Cost Engineers.
- In one database, turnarounds ran 16% over.
- The like-for-like bridge walks 2019 to 2027, every assumption is a dial.
- Agents recut six reports and cite every move.
- The 2019 report buried 4.2 million of scaffolding in mechanical.
- Leone agrees. MENA opens the sources, and the P-50 settles at 168.4 million.
- P-10, 151.2.
- P-90, 197.6, including 16.8 million contingency.
- Only two of six events can split that contingency.
- Tobias rules on one contract.
- Finance opens two bars to countersign.
- The result, an estimate finance can open.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.