Leveraging MTO Data to Improve Cost Estimation Accuracy
Connecting PlantStream to Cost Estimation Tools
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About this Seminar
Accurate cost estimation depends on the quality and availability of engineering data. However, engineering and estimating teams often work in separate systems, creating manual processes, data duplication, and inconsistencies that can impact estimate accuracy.
In this webinar, we will demonstrate how PlantStream enables a connected workflow from 3D plant modeling to cost estimation by leveraging Material Take-Off (MTO) data generated directly from engineering models.
Attendees will learn how MTO data from PlantStream can be connected with a Cost Estimation Tool. By linking the output of a Cost Estimation Tool (the cost estimation results) with PlantStream’s MTO data, cost estimation can be based on more transparent and well-grounded figures, further improving estimate accuracy. This helps estimators work with more reliable and up-to-date engineering data while reducing manual data preparation.
Through practical demonstrations, we will show how connecting engineering and estimating workflows can improve cost estimation accuracy, reduce rework, increase project visibility, and support better decision-making throughout the project lifecycle.
Join this session to discover how integrated engineering and cost estimation workflows can help your organization deliver projects more efficiently and with greater confidence.
Who Should Attend?
- Creating and managing 3D plant models and MTO data
- Looking to improve the utilization of engineering data downstream
- Seeking better collaboration with estimating and project teams
- Interested in reducing manual data handover processes
- Looking to improve estimate accuracy using engineering-generated MTO data
- Seeking more efficient estimating workflows
- Interested in reducing manual quantity takeoff activities
- Looking to improve cost visibility early in the project lifecycle
- Looking to improve collaboration between engineering and estimating teams
- Seeking greater cost certainty during project planning
- Looking to reduce rework and improve project execution efficiency
- Interested in connected digital workflows across project phases
- Driving digitalization across engineering and project delivery processes
- Looking to eliminate data silos between departments
- Seeking practical solutions to improve productivity and project outcomes
- Interested in connected engineering and estimating workflows
Speakers
Pooja Tyagi
Lead Technical Consultant
With a background deeply rooted in plant layout design and piping engineering, she has honed her skills while working with numerous leading national and international companies in the energy industry. Throughout her career, she has been entrusted with the responsibility of developing and executing strategies aimed at expediting the piping design process and minimizing engineering discrepancies. Her journey in engineering has provided her with a comprehensive understanding of the challenges encountered by piping design engineers at every stage of a project, from its inception to its advanced phases. Pooja has been in charge of development, maintenance, and implementation of the design standards, guides, and procedures for years before she decided to join PlantStream.
Agenda
・Lecture（45mins）: Recording
・Q＆A (15mins) : Onlive
*Agenda subject to change without prior notice
Notice
Even if you are unable to attend the event on the scheduled day, we will provide access to a recording of the webinar.
*Registration is required, so please make sure to register in advance.
*The video will be available for a limited time only.
Please note that participation may be declined at the discretion of the organizer.
Price
無料