Factored Estimate

Posted on 11th November 201525th March 2021 by ThePD (The Project Definition)

A Factored Estimate is a cost estimate method using a reference equipment cost or total installed cost of process and utility units or facilities with factors. (Refer to the Capacity Factored Estimate; Equipment Factored Estimate)

Related Definitions in the Project: The Cost Estimate (Estimation)

Posted in Controls and tagged budget, controls, cost, definition, estimate.

ThePD (The Project Definition)

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