What is Cost Estimation ?
Cost estimation is the process of estimating the total cost, typically in monetary terms, required to complete a project, construct a facility, develop a product, or provide a service. It is a critical aspect of project management, business planning, and decision-making. Cost estimation serves various purposes, including budgeting, financial planning, and assessing the feasibility of a project. Here are the key components and considerations of cost estimation
What is Plant Economics ?
Plant economics refers to the financial aspects of designing, building, operating, and managing a plant or industrial facility. It involves the analysis of the costs and revenues associated with the establishment and operation of a facility to determine its economic viability and profitability. Plant economics plays a pivotal role in decision-making processes related to investments in new plants, expansions, upgrades, or optimizing existing facilities.
How to Calculate Total Capital Investment?
Total Capital Investment calculator uses Total Capital Investment = Fixed Capital Investment+Working Capital Investment to calculate the Total Capital Investment, The Total Capital Investment is the sum of all the capital costs required to establish and operate a project, plant, or business. TCI includes both the initial capital costs (capital expenditures or CAPEX) and any additional capital costs incurred during the project's lifetime. Total Capital Investment is denoted by TCI symbol.
How to calculate Total Capital Investment using this online calculator? To use this online calculator for Total Capital Investment, enter Fixed Capital Investment (FCI) & Working Capital Investment (WCI) and hit the calculate button. Here is how the Total Capital Investment calculation can be explained with given input values -> 6100 = 14000+6000.