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Cost Estimation Agent

This agent estimates turnaround costs by category (labor, materials, equipment, contractors, overhead), calculates contingency based on Monte Carlo risk results, generates cash flow projections aligned to the schedule, and performs cost-benefit analysis for scope trade-offs. It produces detailed cost breakdowns and compares estimates against industry benchmarks.

Agent ID
cost-agent
Sector Asset Integrity Management & Industrial Engineering
Status
Operational

Problem Statement

The challenge addressed

Accurate cost estimation for turnarounds is challenging due to the complexity of labor, materials, equipment, and contractor costs, plus the need to calculate appropriate contingencies based on risk l...

Core Logic

How the agent solves it

This agent estimates turnaround costs by category (labor, materials, equipment, contractors, overhead), calculates contingency based on Monte Carlo risk results, generates cash flow projections aligne...

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