Monthly Archives: December 2013

W15_SSG_Refining Cost Estimate Using AACE, ANSI Standard Z94.0 and Frond End Loading


PROBLEM DEFINITION

We are now in the stage of requesting Budget approval from Head Quarter. In order to be able to reach that approval, we have to ensure that the budget shall be approved by Indonesian Government (Recovered). Following the strategy, we submit the AFE (approved for Expenditure) for review and approval.

Compared to Plan of Development (POD), it shows that there is increment expected cost from POD, and we need to justify this increment from estimating point of view.

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Filed under Sutoyo S, Week 15

W12_WAS_IRR for Takoyaki


1. Problem Statement
There is a minimarket which has a big parking lot near to my house. Many food truck services park their “truck” there, from Kebab, meatball, noodles, to snow ice. Residential usually buy a snack in those food trucks when shopping at the minimarket. I wonder if I make my own food truck, will it be profitable or not?

Image

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Filed under Week 12, Wirawan ASP

W11.1_WAS_MARR based on full equity fund for Takoyaki


1. Problem Statement

For the follow up of CfH comment about my Week 11th Blog posting, in this posting I will discuss about the value of Minimum Attractive Rate of Return (MARR) as our basis to determine will a project be profitable or not?

There is a minimarket which has a big parking lot near to my house. Many food truck services park their “truck” there, from Kebab, meatball, noodles, to snow ice. Residential usually buy a snack in those food trucks when shopping at the minimarket. I wonder to make my own food truck, and I need to make sure that this business is feasible to proceed.

Image

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Filed under Week 11, Wirawan ASP

W11_WAS_Takoyaki


Problem Statement

There is a minimarket which has a big parking lot near to my house. Many food truck services park their “truck” there, from Kebab, meatball, noodles, to snow ice. Residential usually buy a snack in those food trucks when shopping at the minimarket. I wonder if I make my own food truck, will it be profitable or not?

Image

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1 Comment

Filed under Week 11, Wirawan ASP

W14.1_SSG_Re-estimate project Cost using PERT method


PROBLEM DEFINITION

Currently we are in the start beginning of Execution phase of Topside EPCI project. The baseline duration has been setup. Prior to Kick of Meeting, management is asking project team to estimate the duration of the project in worst case, normal situation, best case and find the estimate cost that is “technically justified”.

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Filed under Sutoyo S, Week 14

W5.2_SSG_Re-estimate project duration using PERT method


PROBLEM DEFINITION

Currently we are in the start beginning of Execution phase of Topside EPCI project. The baseline duration has been setup. Prior to Kick of Meeting, management is asking project team to estimate the duration of the project in worst case, normal situation, best case and find the duration that “technically justified”.

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Filed under Hadianto P, Week 05