Abstract
AbstractCosting of equipment and plants – possibilities and limitations. The costing of individual items of equipment and of complete plants differs considerably with respect to design as well as to the accuracy and time‐requirement of the calculation method. These calculations are included in the usual way in economic evaluations of plants in order to assess the overall profit situation of a plant project. Numerous publications on this subject have appeared in recent years. They are evaluated in this report with reference to the abovementioned aspects. Besides the cost‐precalculation methods used in project engineering, a few systematic costing methods are proposed for the planning‐, erecting‐ and operating‐period of a plant. This facet of the subject is also critically examined.
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