Daily Archives: December 31, 2013

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


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