cost estimating

Cost Estimating

with Cleopatra Enterprise

Cleopatra’s Cost Estimation solution plays a crucial role in ensuring that your projects are financially viable and cost-efficient. Our solution is optimized to provide efficient, accurate and transparent methods for preparing cost estimates across all stages of the project or turnaround lifecycle.

Improve accuracy & consistency

Up to 35% enhanced budget performance

Up to 27% increased efficiency

saving time

With Cleopatra’s cost estimating software, you can expect accurate and efficient estimates at every stage of your project. Cleopatra’s streamlined workflows and standardized methods for cost estimating enhance efficiency, allowing project teams to generate estimates quickly and consistently across projects. By incorporating state-of-the-art techniques with the latest cost data, Cleopatra guarantees precision, even for the most complex projects.

Cleopatra Cost Estimation offers a comprehensive solution for all project and estimate types. We support the full range of AACE International’s cost estimate classes, from conceptual to detailed estimates.

Our approach to conceptual estimates leverages historical data, cost models, and engineering standards to derive quantities, even before engineers provide them. This capability delivers critical insights during project stages where timely and accurate estimates are crucial for decision making.

Detail estimates benefit from Cleopatra’s intelligent import engine, which efficiently processes Bill of Quantities (BoQ) and Material Take-Offs (MTO). Therefore, it significantly reduces manual effort and mistakes.

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laptop showcasing a funnel from which KPIs and activities come out of it

One of the standout features of Cleopatra Enterprise is its cutting-edge estimating capabilities specifically designed for Shutdowns, Turnarounds, and Outages (STO) projects.

Cleopatra enables you to create long-range estimates years ahead, levering scaling techniques based on historical information from comparable units or plants.

During the preparation phase, Cleopatra allows you to develop tender and budget estimates. These are based on high-level assumptions derived from the scope and initial work packs. Create reference estimates to ensure that bidders’ proposals align with your expectations, helping you avoid discrepancies and ensure a fair bidding process.

As you enter the final planning stage, Cleopatra enables you to draft detailed estimates based on the completed work pack activities and material requirements, along with the agreed contractor rates. All of this to ensure that the final estimate forms a robust baseline that can be used by STO project controls professionals to monitor and evaluate the execution effectively.

Seamlessly move data between Cleopatra Enterprise and other enterprise software such as SAP, Maximo, Primavera P6, Honeywell Unisim and MS Excel, thereby minimizing the risk of errors and streamlining your processes. Leverage the advantages of a centralized database and customizable dashboard reports to enhance estimating, work planning, scheduling, and overall project and turnaround management.

Smart Integrations
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Cleopatra empowers your cost estimates with a range of innovative features designed to enhance accuracy and efficiency throughout your project and turnaround lifecycle, including smart cost models, schedule integration, location factor tables, and flexible breakdown structures.

Designed to improve your estimating process, Cleopatra keeps your project or turnaround on track and within budget from initiation to the final cost outcome.

Cleopatra’s data is centralized, creating a single source of truth to store all relevant project information. This ensures consistency and efficiency, improves collaboration and reduces errors in the cost estimation process across the organization. Estimating professionals have access to reliable and consistent cost data from industry standard knowledge bases such as CESK, Richardson, and Page & Nations.

digitalization of projects

All our solutions come with their own unique features. This one does too! On the right, you can see a brief summary of some of them.

Full project & turnaround lifecycle

Supports all AACE estimating methods

Flexible reporting and analytics

Configurable and scailable

Consistency by single source of truth

Efficiency through integration with schedule and design

What our customers are saying

Ready to start?

Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.

project dashboard
Work Pack Management

Work Pack Planning

The integrated turnaround management software supercharges your asset and material order management, captures necessary and detailed work package information, and smoothly runs field management. View solution
Work Pack Management

Work Pack Planning

The integrated turnaround management software supercharges your asset and material order management, captures necessary and detailed work package information, and smoothly runs field management. View solution
Cost Management

Cost Control & Earned Value Management

Cleopatra Enterprise offers dedicated Cost Management functionality, easy automation, and seamless integration with cost estimating software. View solution
Cost Management

Cost Control & Earned Value Management

Cleopatra Enterprise offers dedicated Cost Management functionality, easy automation, and seamless integration with cost estimating software. View solution
tendering and contracting

Tendering & Contracting

End the guesswork, find the right contractor and act on the most profitable strategy with Cleopatra Enterprise Tendering and Contracting. View solution
tendering and contracting

Tendering & Contracting

End the guesswork, find the right contractor and act on the most profitable strategy with Cleopatra Enterprise Tendering and Contracting. View solution
Calendar representing scheduling

Scheduling

Cleopatra seamlessly integrates with industry-standard tools like Primavera P6 and Microsoft Project, ensuring efficient scheduling operations. View solution
Calendar representing scheduling

Scheduling

Cleopatra seamlessly integrates with industry-standard tools like Primavera P6 and Microsoft Project, ensuring efficient scheduling operations. View solution

FAQs about Cleopatra Cost Estimation

  • What are the different methods of cost estimating?

    Various methods exist for making a cost estimate. The method used depends on factors such as the engineering development phase, available technical input, and desired accuracy level.

    The AACE International Recommended Practice No. 18R-97 provides guidelines for the development of a comprehensive cost estimate. This recommended practice defines and describes the estimate classification structure. The structure includes different estimate methodologies, such as conceptual/parametric and detailed bottom-up estimating.

  • Why does cost estimating software save time?

    One of the main benefits of proper cost estimating software is its central knowledgebase architecture. This base offers a single source of truth for cost data and historical projects.

    Professional cost estimating software users can also save time by leveraging templates, built-in dashboards, and reports. Additionally, automated health checks ensure the quality and consistency of the estimate. Estimators can save time on certain tasks and use it to analyze estimates and find cost relationships.

  • What innovative features does Cleopatra offer to streamline cost estimating?

    To start, you can manage all your current and historical projects in one database. This means that you can compare cost estimates and reuse data. Furthermore, Cleopatra ensures that cost data is stored in general libraries used by estimators across their projects. Standardization, integration, and ease of use make Cleopatra stand out against other solutions.

  • Can Cleopatra handle various estimating methodologies?

    Yes, the solution allows the user to create high-level and detailed estimates. Cleopatra supports parametric modelling, factor estimating, object/semi-detailed estimating and detailed estimating based on BOQ/MTO.

  • Can Cleopatra determine quantities before the engineering design can deliver these?

    Yes, Cleopatra fully supports estimate methods to determine quantities in early design stages, based on smart cost models. This only requires preliminary, high-level process parameters. Coupled with Cleopatra’s vast unit-rate libraries, this delivers estimates with detail and insight levels that other software such as Aspen Capital Cost Estimator find challenging to deliver.

  • Preparing information for different stakeholders consumes valuable time. In what ways can Cleopatra’s estimating functionality streamline this process?

    Cleopatra is a flexible solution that allows for different views, reports and breakdown structures with with just a click. Follow your company’s business rules and coding structures from your ERP system. As such, you’re able to slice and dice the information to meet the requirements of different stakeholders.

  • If there is a necessity to retain some of our Excel-driven processes, how can Cleopatra adapt to accommodate these requirements?

    Change can take time and not every party involved in the estimating process might have access to Cleopatra. As such, Cleopatra was created with the idea to allow for this change gradually. It is possible to import Excel files to populate estimates, import contractor and vendor data, and create Excel outputs for reporting purposes.

Ready to start?

Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.