Cost Fluctuations |
Location Factors |
Latest Cost Models |
|
A database includes all updated resource cost items which an estimator requires to estimate the cost of labor, equipment, material and consumables, in a short time with significant accuracy for any desired location.
|
A Cost Model is an extension of NoDoC providing capabilities which are associated with resource databases, to estimate the whole cost of process plants...
|
An assembly is an extension NoDoC which allows the user to automate the estimation process. This powerful feature also incorporates technical data sheets for each discipline...
|
How Does NoDoC Work? |
Dione Oil co. Services |
|
For CAPEX, NoDoC combines parametric cost estimation with live cost databases by the decomposition of equipment components to raw materials. Manufacturing process of materials, equipment and consumables is considered as one of the parameters in the Cost Assemblies and Cost Models. The price of raw materials is connected to the real time price data providers such as LME. Accordingly, the models estimate the finished cost of the desired equipment. This way, the physical industry can have confidence that the range of NoDoC properly reflects the current supply/demand situation in the market. Therefore NoDoC also shows the actual situation of the equipment cost.
What NoDoC Does?NoDoC is a comprehensive database consisting of Assemblies and Cost Models to estimate CAPEX, OPEX and REVENUE of the EPC, EPD and EPCF projects that operate in the oil & gas sector. The cost models, in conjunction with assemblies, enable you to estimate the cost of projects in the fields of Drilling, Mechanical, Electrical, Civil, Structural, Telecommunication etc., for Oil & Gas Upstream, Mid-Stream and Downstream sectors, both in onshore and offshore regions. The Cost Models can be used as stand alone or in an enterprise version depending on customer requirements.
NoDoC Estimation ClassNoDoC follows the AACE class standard for cost estimation. The data is grouped based from class one, with 10 % percent accuracy to class five with 50 % accuracy. The user selects the desired class from a drop down list to estimate the cost of the project.
NoDoC OPEX Estimation FeaturesNoDoC helps the user to estimate OPEX (Operating Expense, Operating Expenditure, Revenue Expenditure) by providing enough data and models in the Oil & Gas upstream, midstream and downstream regions. OPEX is an ongoing cost for producing oil & gas or related products. In short, this is the money the business spends in order to turn inventory into throughput. NoDoC enables the user to estimate operating expenses including materials, license fees, maintenance and repairs, utilities, insurance, property management, property taxes, salary and wages.
NoDoC Location and Allowances FactorsNoDoC provides Location and Allowances Factors for more than 44 countries and regions. Location factors are used by estimators to evaluate the relative cost differences for a project between two geographical regions. The increasingly global nature of capital investment in facilities has seen a concomitant rise in the need for accurate international location factored cost data. NoDoC has developed location factors for more than 44 countries for labours, construction, installation, hook-up, commissioning and operation of Oil & Gas Projects in offshore and onshore, as well as Upstream, Midstream and Downstream regions. NoDoC applies allowances based on the project specifications and standards. The user is recommended step by step to apply allowances for materials, equipment, labour, consumables, and all other parameters the user requires.
Project Feasibility Analysis ModelsNoDoC provides comprehensive models for developing business plans and feasibility analysis of Oil & Gas Projects. The process is: Cost Estimation of CAPEX and OPEX and then calculates and reports discounted cash flows in addition to financial and economic indicators such as NPV, IRR, Ratios, Financial Statements and many other user defined parameters.
Security With NODOCNoDoC has assembled a top-class team of industry experts to form the new NoDoC Security Strike Team. We have a strong understanding about your position and know that security plays a major part in estimation policy.
|
Oil & Gas EPC Services
Upstrem/Midstream & DwonStream Offshore/ Onshore Procurement Services Live / Hot Data Service Provider Oil & Gas Equipment Market Research Project Cost Estimation Simulation Special Expert Training Courses Apply for new Job Positions
New Jobs! Part time and Full Time positions:
Assistant Training, Website Administrator and Social Networking, and Executive Assistant read more ... Assembly TutorialHow to Apply a NoDoC Assembly?
Database TutorialHow to use NoDoC Databse?
|
