KPEX COST INDEXES DASHBOARD

KPEX COST INDEXES DASHBOARD

KPEX COST INDEXES

Overview

Cost (or price) indexes are an integral part of cost estimating, given that they are the way to update costs from the date they were incurred to the present day or to some other time. CAF-CAPEX Cost Index Tool tracks the costs of equipment, facilities, materials and personnel (both qualified and non-qualified) used in the construction of a geographically diversified portfolio of projects of oil & gas process plants onshore, offshore, pipelines, also "renewable energy" projects and other sectors. It is similar to the Consumer Price Index (CPI) used by country authorities of economy, as it provides a transparent reference tool for monitoring and forecasting a complex and dynamic environment. The CAF-CAPEX Cost Index is a useful work product for estimators when it comes to updating material costs and reference equipment with information based on past times.
The tool is located on the top side of all cost tables to make easier the update in live.


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