Improve accuracy & consistency
Up to 35% enhanced budget performance
Up to 27% increased efficiency
Estimate costs in less time and with better quality
With Cleopatra’s estimating and project costing 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.
One stop shop - from conceptual cost models up to detailed estimates
Cleopatra’s cost estimating software 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.
For detailed estimates, Cleopatra’s intelligent import engine, efficiently processes Bill of Quantities (BoQ) and Material Takeoffsffs (MTO). Therefore, it significantly reduces manual effort and mistakes.
Advanced cost estimating capabilities for STO projects
Cleopatra Enterprise has cutting-edge estimating capabilities specifically designed for all stages of your Shutdowns, Turnarounds, and Outages (STO) projects, with inputs derived from work pack management software.
Cleopatra’s cost estimating software enables you to create long-range estimates years ahead, leveraging 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. By utilizing bidding and estimating software to create reference estimates, you can ensure that bidders’ proposals align with your expectations, helping to 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.
A smartly integrated cost estimating tool
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.
Streamline your entire estimating process
Cleopatra empowers your projects with innovative estimating and project costing software that enhances accuracy and efficiency throughout the turnaround or project lifecycle. Key features, such as smart cost models, schedule integration, location factor tables, and flexible breakdown structures, work together to optimize your estimating process.
By leveraging these cost estimation tools, Cleopatra ensures that your project stays on track and within budget, from initiation to the final cost outcome.
A centralized database for reliable and consistent cost data
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.
Feature highlights of Cleopatra's Cost Estimating Software
All our solutions come with their own unique features. Our cost estimating software does too! On the right, you can see a brief summary of some of them.
Covers the full project & turnaround lifecycle
Supports all AACE cost estimating methods
Flexible reporting and analytics
Configurable and scalable
Consistency by having a single source of truth
Efficiency through integration with schedule and design
What our customers are saying
Optimize your cost estimates today
Software to achieve more accurate estimates, reduce costly errors, and stay on top of project costs.
FAQs about Cleopatra's Cost Estimating Software
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What are the different methods of cost estimating?
Various methods exist to create 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.
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Why does estimating and project costing 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.
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What innovative features does Cleopatra's software 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 cost estimators across their projects. Standardization, integration, and ease of use make Cleopatra stand out against other solutions.
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Can Cleopatra handle various estimating methodologies?
Yes, our project cost estimation software 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. For more detail, read our blog about different estimating techniques supported by Cleopatra.
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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.
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Preparing information for different stakeholders consumes valuable time. In what ways can Cleopatra’s estimating tool streamline this process?
Cleopatra is a flexible solution that allows for different views, reports and breakdown structures 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.
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If there is a necessity to retain some of our Excel-driven processes, how can Cleopatra's software 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.
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Can we export information from Cleopatra to other solutions (e.g., SAP and Primavera P6) and/or files?
Yes, Cleopatra Enterprise offers various connectors, APIs and/or built-in export capabilities for ERP programs (e.g., SAP), scheduling solutions (e.g., Primavera P6, MS Projects), BI solutions (e.g., Power BI) and various others. On top of that, Cleopatra files can be exchanged within the platform (e.g., estimating to cost control) or even shared with other Cleopatra users by means of a Cleopatra native extension (CEF file).
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We already have a solution in place for cost control and earned value management. Can we still use Cleopatra Estimating?
Yes, although working on a software platform that enables the integration between cost estimation and cost management comes with a certain set of advantages.
Resources to improve cost estimating
Blog
What is cost estimation? The ultimate guide
Cost estimation is the art of assigning value. We will explain the principles of cost estimating for you in 4 easy steps.
Cost estimation software: Resource based vs activity based
The pros and cons of Resource based estimating and activity based estimating.
Excel vs. Estimating Software: What You Need To Know
Are Excel spreadsheets optimal for cost estimation or should you be using estimating software? We compare both tools…
Lyondellbasell Enhances Turnaround Cost Estimation with Cleopatra
Read this case study to find out how LyondellBasell enhanced its cost estimation practices in turnarounds with Cleopatra.
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