Whether you’re working in the field or stuck behind a desk, paying close attention to project costs forms an integral pillar to the success of any process engineering job.
Being able to confidently rely on trustworthy pricing estimates is a fundamental foundation of any oil, gas, mining or engineering assignment, and the ability to correctly forecast financial outlays is essential to ensuring overall project profitability.
Failure to do so can result in the job becoming a financial loss, unlocking a domino effect of problems that can affect both the project’s quality and completion.
But despite being established as one of the most essential components to leading any successful project, many companies still overlook the importance of cost-estimating, risking financial loss, blow-out timeframes and consumer trust as they fall behind their competition.
One of the reasons for this short-sighted approach was previously a need for more oil, gas, mining and engineering-specific costing data explicitly curated for processing industries.
However, cost consultancy experts Rawlinson’s Cost Management, Australia’s oldest quantity surveying firm, offers a process engineering handbook, setting benchmarks for cost estimation accuracy for those in the oil, gas, mining and engineering sectors.
Rawlinson’s Process Engineering Handbook
Written by Steve Howard, an expert in Engineering and Construction with over 30 years of experience, the Rawlinsons Process Engineering Handbook is the only publication of its type, providing a never-before-seen level of costing detail to professionals involved in oil and gas, mining, and process engineering.
Constructed to assist experienced estimators and project managers, the metric-focused cost reference guide offers comprehensive project and construction management data, installation techniques, fabrication methods, and theoretical insight while also doubling as a learning tool for novices.
With estimation figures based on actual data, Rawlinson’s director, Niall McAree, told Build-it that the estimation tool is the most reliable costing data available for those in the oil, gas, mining and process engineering industries to estimate costs.
“The Rawlinsons Process Engineering Handbook serves as a crucial resource for engineering companies and major mining groups, facilitating early-stage capital cost estimations and aiding fabrication companies in developing accurate estimates and construction schedules,” he said.
“With a focus on providing usable detail and fostering cross-disciplinary understanding, the handbook aims to empower professionals to navigate diverse engineering challenges confidently.”
Topics covered:
- How to estimate, plan and execute a project
- Installations and times with hours for specific types of equipment
- Structural steel, piping, concrete, welding procedures
- Installation and fabrication methods
- Piping fabrication and installation data
- Comprehensive plastics technical and estimation references
- Labour man-hours for all skill sets
- Mechanical, structural, plate work, earthworks, concrete, piping, electrical labour norms
- Workshop fabrication methodologies
Receiving industry praise for its extensive data research, the handbook provides in-depth costing assessments for every key expenditure, including installation times, piping fabrication, labour and workshop fabrications.
Rawlinson’s 2nd Edition, features additions based on reader feedback and up-to-date industry insights. It offers even more detail, specifically regarding installation explanations and statistical estimation methods, catering to a demand for more in-depth project planning and cost analysis.
