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EarIy-Stage Capital Cost Estimation
EarIy-Stage Capital Cost Estimation
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EarIy-Stage Capital Cost Estimation
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EarIy-Stage Capital Cost Estimation
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EarIy-Stage Capital Cost Estimation
EarIy-Stage Capital Cost Estimation
Journal Article

EarIy-Stage Capital Cost Estimation

2021
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Overview
The Williams discuss that early-stage capital cost estimates are critical to determining the financial feasibility of a project. Thoughtful decisions about capital investment expenditures (CAPEX) can ensure the success of operations and the ability to reliably supply products to customers. In industries such as renewable energy production, petroleum refining, semiconductor manufacturing, and consumer product manufacturing, early-stage cost estimation enables selection of profitable investment opportunities. The author defines five types of capital cost estimates, but focuses on early-stage cost correlations, and unit cost estimates.