Economic Evaluation (ACCE) Tutorials
The following tutorials are designed to introduce estimators to Aspen Capital Cost Estimator (ACCE) and integrated economics fundamentals as well as advanced features.
Getting Started with Aspen Capital Cost Estimator [View now]
This ninety-minute tutorial covers: (a) the principals underlying how ACCE generates scope, (b) keys to setting up a project, (c) entering project components, (d) executing projects and reporting, and (e) post project analysis.
Introduction to Codes of Accounts in ACCE [View now]
This ten-minute introduction provides basic background to understanding the codes of accounts in Aspen Economic Evaluation and how to use them.
Introduction to Model-Based Estimating from AspenTech [View now]
This ten-minute introduction explains the rationale behind the Aspen Economic Evaluation tools and why they provide a superior approach to estimating over factor-based approaches during early FEED, FEED and AFE.
Increase the Accuracy of Estimates through Calibration and Indexing in ACCE [View now]
Aspen Capital Cost Estimator allows an organization to calibrate the system at any level of granularity to fit the ACCE model accurately to historical capital project costs. When this calibration and indexing activity is conducted effectively, the system provides a high level of reliability and predictability. This sixty-minute session describes how to put in place the methods to achieve that goal.
Tutorial on the Use and Customization of Volumetric Models in ACCE [View now]
Aspen Capital Cost Estimator and Aspen Process Economic Analyzer are both based on a so-called volumetric model within the software. These volumetric models are the basis for the system’s ability to arrive at accurate estimates very early in the design process. They use engineering knowledge to model the fabrication and construction of equipment, and incorporate associated bulks, instrumentation and civil along with the equipment itself. This one-hour recorded webinar provides an understanding of the volumetric modeling approach and the basics of how to use several of the categories of volumetric models.
Tutorials on Defining and using Contractors in ACCE
The ability of ACCE to incorporate up to 98 contractors in a project and to handle complex relationships and cost structures of those contractors is an important capability of the software. Here we provide a tutorial in three parts, which covers how to define contractors, how to set up their cost structures, how to define their relationships, the concept call CONSETS for assigning contractors to areas, and how to assign scope in detail to contractors.
[Tutorial Part 1] [Tutorial Part 2] [Tutorial Part 3]
Best Practices in Implementation of ACCE [View now]
This sixty-minute tutorial approaches the implementation of ACCE at two levels. It begins at a high level as Mike Monteith, President of SES, describes his award-winning methodology for the organization and implementation of ACCE in an organization. Next, the tutorial moves to a concrete level, as Art Byram of KBR explains several key ways to customize ACCE to meet an organization’s needs, such as custom piping specification, instrumentation components and assemblies, and insulation specifications.
Introductory Tutorial: Step-by-step in using integrated economics with Aspen Plus®
This step-by-step guide walks the user through the use of the integrated economics functionality now available from Aspen Plus.
[Written tutorial] [30-minute animated tutorial] [Brief introduction]
Introductory Tutorial: Step-by-step in using integrated economics with Aspen HYSYS®
This step-by-step guide walks the user through the use of the integrated economics functionality now available from Aspen HYSYS.
[Written tutorial] [30-minute animated tutorial] [Brief introduction]
Introductory Tutorial: Exporting and Importing Spreadsheets with Aspen Capital Cost Estimator
This step-by-step guide walks the user through the use of the import/export tool now available from ACCE, used for collaborating with team members and to facilitate the exchange of data between ACCE and equipment lists.
[Written tutorial]