MSPiping

Industrial piping cost estimation is one of the most complicated and time-consuming process in energy field projects.
Piping take-offs involves several hundreds or thousands lines. Cost Estimation takes weeks to estimate for estimation teams .
In projects, piping items going in and out of the various equipment items helping the process and utility fluids move around in the required direction and destination. This piping material take off list is a major portion of the final plant and the cost estimation. There are several piping items types, such as: pipes, fittings of various kinds, various type of flanges, valves of various kinds, and the corresponding process components. There could be various sizes and pressure ratings of the various piping items. And then include thousands of material and grades. The material take-offs are generally done separately for various lines, which means, similar items could be repeated several times. The whole list is generally very long by the time it comes to cost estimating.
The piping estimator tries to find the cost of individual line items from the own previous projects database and invariably takes a long time to find an exact match for the material, size and schedule of a specific piping item. If the company has previously used similar items in another recent project, then there might be a possibility of getting some estimation, but even then, it might not be available for all items. The team might end up factoring those items from another nearby size and/or schedule. This whole process is very laborious. Even with databases and resources availability, no company could have an exhaustive data-base of prices for all possible piping items. In addition, the metals market fluctuations in Steel, Nickel, Chromium, Molybdenum, Copper, Titanium and such elements using in piping material production make using data bases too complicated for real-time estimation requirements.
The team might decide to go out to the manufacturers or suppliers to get recent prices for the piping items, but that takes a considerable amount of time in case the mills workload let them make an offer for bidding, usually due to workload they decline to make a quote. Also each manufacturer specifically produces part of piping materials in limited material and size range, it means several manufacturers shall get involve.
Once this laborious process is completed, it becomes very difficult to review the overall estimated piping supply cost, as it is nearly impossible to go through each line item. Hence, traditional methods which are used in projects Cost Estimation leads to failure and cost overrun risk in high rate and sharply decrease projects performance in costing and timing, accordingly leads to lost money, resources and reliability if they can afford the overrun cost, otherwise they may face bankruptcy consequences. Traditional methods which are applying to cost estimation involves following risk and challenges:
Time-Consuming process
Uncertainty and lack of resources and data base availability
Metals Market Fluctuation risk
Complexity of Technical issues and Human Errors
   MSPiping is an innovative solution , offers smart Cost Estimation Services helps the projects and estimation teams approach reliable cost overview and scheduled. MSPIPING address cost estimation challenges by utilizing advanced algorithms and mathematical models. A comprehensive database, coupled with real-time market intelligence, ensures accurate and reliable estimations with delivery time forecast of each item. User-centric design, seamless integration with project management platforms make the estimation process intuitive and efficient, accordingly, projects save Time, Money, reduce Risk Sharply and Make Money.by using solutions to replace paper plans to digital plans, measure completed work, also send piping and equipment cost estimate data back after project goes to construction stage.MSPiping CE for Industrial Piping covers infinite range of Piping Components as per following categories: