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Cost Engineering
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Practical articles, methodology guides and market analysis from CAF Corporation cost engineers — covering AACE practices, location factors, escalation trends and more.

Featured · General
The KPEX Ecosystem: From First-Generation Estimating to a Connected Cost Intelligence Network
The capital project industry is shifting from spreadsheets to integrated platforms and fully connected KPEX ecosystems. This transformation is redefining how cost estimates are produced, improving accuracy, accelerating decisions and enabling data-driven competitive advantage, while exposing the limits of fragmented, traditional approaches.
Ca
Carlos Fuenmayor
· May 2026 · 5 min read
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General
The Future of Capital Cost Intelligence Is Almost Here
The upcoming launch of Kpex represents more than the release of a new software platform. It represents the emergence of a new app...
May 2026
5 min read
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AACE Methodology
Class 1 Cost Estimate: Definitive Estimate for Bid, Tender and Claims
Class 1 is the gold standard of cost estimation — prepared when the project is fully defined, all vendor quotes are received, and...
May 2026
9 min read
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AACE Methodology
Class 2 Cost Estimate: Control Estimate with Resource-Loaded WBS
The Class 2 estimate is the cost baseline for project control — built on detailed quantities, market labor rates, and equipment re...
May 2026
11 min read
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AACE Methodology
Class 3 Cost Estimate: Budget Estimate with Four-Level WBS
The Class 3 estimate is where most capital project decisions are made — it's the "approved budget" number that management carries...
May 2026
10 min read
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AACE Methodology
Class 4 Cost Estimate: Study Estimate with Equipment-Factor Methods
Moving beyond screening to the first equipment-based estimate: Class 4 uses your equipment list and proven factoring methods to pr...
May 2026
9 min read
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AACE Methodology
Class 5 Cost Estimate: Order-of-Magnitude Using Cost Curves
The fastest estimate you can produce — and the one most likely to shape a billion-dollar decision. Learn how Class 5 power-law cos...
May 2026
8 min read
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AACE Methodology
BENCHMARKING DE COSTOS DE PROYECTOS ⇔ ESTIMACIÓN DE COSTOS DE PROYECTOS
May 2026
3 min read
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Equipment Costs
Cost models for CO2 capture, liquefaction and shipping.
May 2026
2 min read
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General
Process Plant Cost Databases, Cost Normalization, and AI-Driven Predictive Analytics
May 2026
3 min read
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