Project Cost Management Software
Project Cost Management
Project Cost Management is a multi-faceted discipline involving estimating, budgeting, planning and cost control to measure cost and productivity through the full life cycle of enterprise level projects. Effective project cost management requires the use of standardized processes and advanced software tools to ensure that an accurate and reliable insight is given into the project progress and status.
Cleopatra Enterprise provides an integrated solution for total cost management, dedicated for large industrial projects. It is the only tool integrating true cost estimating, cost control and project analytics.
As an independent and reliable provider of total cost management software for more than 20 years, Cleopatra Enterprise has been a stable factor in an otherwise turbulent market.
Therefore, both owners and EPC firms rely on Cleopatra Enterprise to manage their multi-billion capital projects as well as complex and time driven turnarounds. With Cleopatra you can successfully manage both your CAPEX and OPEX projects. Learn more about Project Cost Management ›
Conceptual to Detailed Cost Estimating
Beginning with estimating, a vital part in project cost management, historical data is used to accurately predict all aspects of the project. Complex projects make a distinction between different phases. Each phase requires a unique set of approaches and methods in order to come to a reliable cost estimate of the project.
Cleopatra Enterprise is the professional cost estimating software for today’s cost estimator. With the intuitive user interface, preparing a solid and trustworthy cost estimate has never been easier.
Cleopatra offers all the latest techniques, such as location factor tables, smart cost models and flexible breakdown structures.
Therefore, many companies worldwide have chosen for Cleopatra to improve their cost estimating process, from the very first conceptual estimate up to a definitive estimate based on detailed quantities.
Dedicated Cost Control and EVM
Cleopatra Enterprise is not just cost estimating software. It also offers full project controls capabilities, including forecasting, Earned Value Management (EVM) and progress measurement. This results in a total cost management solution that enables you to close the loop between cost estimation and cost management.
With Cleopatra you are able to seamlessly translate your final cost estimate into a suitable control document. When executing your project you can easily feedback actual project data into your estimating knowledgebase, establishing a continuous improvement cycle.
In-depth Project Metrics and Benchmarking
Executed projects provide a valuable source of information for cost engineers. With the Project Analytics capabilities in Cleopatra Enterprise you can easily perform portfolio analysis, compare cost estimates and extract important key metrics to benchmark against.
Being able to benchmark your estimate against comparable projects and historical data will increase the confidence in your estimate significantly.
Structured and efficient implementation process
At Cost Engineering Consultancy we believe in a structured implementation process performed by cost engineering professionals. As a consultancy company our experienced cost engineers bring in-depth knowledge of Cleopatra Enterprise as well as cost engineering practices to achieve the optimum implementation results.
Our implementation specialists understand the complex dynamics of cost estimating and project controls from the projects they have worked on. Therefore, they are able to advise how to get the most out of the powerful functionalities of Cleopatra Enterprise from a user perspective.
Before starting the implementation of Cleopatra we will perform a requirements workshop, or ‘Needs Analysis’ to identify your organization’s needs for a total cost management solution. As a result from this workshop a detailed implementation plan is made resulting in a structured and efficient implementation.
Effective User Training
With optimized training programs users will learn how to get the most out of the powerful features of Cleopatra Enterprise. Training is available for various parts in Cleopatra, so you can tailor the training program to your intended use. Cleopatra training is offered as e-learning as well as classroom training.
Our philosophy is to maintain strong and long-term relationships with our clients. To achieve this, we are able to support you not only during the implementation of Cleopatra Enterprise, but also afterwards. Our cost engineering professionals can assist you on large or complex projects whenever needed.
The solution of choice for the process industry
Cleopatra Enterprise has been the solution of choice for the process industry worldwide. Designed to support projects in oil & gas (onshore and offshore), chemical, mining and pharmaceutical, Cleopatra offers the right tools for these demanding projects.
For owners, (EPC) contractors and engineering firms
Because of the flexibility of Cleopatra Enterprise, the system supports both owners, EPC(M) contractors and engineering firms. For each perspective the system can be adapted to accommodate the specific needs and requirements.
The right data for the right project
The Cost Engineering Standard Knowledgebase (CESK) available in Cleopatra Enterprise includes a rich dataset for the process industry. From smart cost models for more than 250 types of process equipment, to detailed unit-rates for the total project. Of course, it is also possible to incorporate your own project specific data that you have collected over the years or include data from third party sources.
Support for various project types
Cleopatra Enterprise is used by our own cost engineering professionals and our worldwide clients for various types of projects. From capital projects (CAPEX) to operational maintenance projects (OPEX) and from greenfield to brownfield projects. Cleopatra is even used as a total cost management solution during complex turnarounds.
Cost is the value of an activity or asset. Generally, this value is determined by the cost of the resources that are expended to complete the activity or produce the asset. Although money and time are sometimes thought of as resources, they only implement or constrain the use of physical resources. The final activity or asset produced depends on what can be “afforded” given the money and time allocated to the project. Resources can be separated into four elements: equipment, materials, labor, and overhead: