Basic Cost Estimating for Engineers

Basic Cost Estimating is a foundation knowledge for engineer to know what is all about the cost estimation starting from types of estimation varied from levels of accuracy along different phases of project in the life cycles of project of E&P business. Attendants will learn minimum required information/deliverable that each type of estimation/project phase does need including estimation methodology (i.e., analogy estimates, capacity factor estimates, equipment factor estimates, parametric estimates, detail estimates, etc.). In addition, Attendant will learn from real cost estimation case i.e., Conceptual study of FGRU from Bongkot Field in 2021 in details.