Capital Project Management Support

Tom Wolf                                                    (281)565-4038

Capital Cost Estimates - Understanding, Analyzing, and Evaluating

List Price:  $60.00

8" x 10", 232 pages

Available at and other retailers.

One of a series for the person requiring more than just an answer.
Refining and petrochemical project management personnel, most without estimating background, are required to understand, analyze, and determine validity of complex cost estimates prepared by others. 

This book is specifically designed and written as a desktop resource. In addition to presenting an organized approach to analyzing cost estimates, results of decades long historical cost data is provided, and  needed assistance to answer the crucial question of “is this estimate reasonable?” is presented.


A Generalized EPC Schedule Tool


T. E. Wolf, Sugar Land, Texas


(Please note this is copyrighted material, it is provided for your information.  Please feel free to use it, but please don't abuse the copyright.  Thank you.)     





Below is a link to an PDF file that presents and discusses a tool to produce an overall management level schedule, a one page engineering, procurement, and construction (EPC) Phase 2 / FEL 2 schedule.  

This generalized EPC Schedule Tool is a time-scaled, one page, less than 50 activity, simplified engineering, procurement, and construction (EPC) Gantt bar chart type schedule.  By being overly simplified the schedule allows the user to get a visual of the entire project at one time.  This FEL 2 Schedule starts at the beginning of Phase 3 (FEL 3), assumes the Conceptual Phase (FEL 1) and Feasibility Phase (FEL 2) having been completed, and detailed engineering and design proceeds continuously upon completion of FEL 3, without a delay between FEL 3 and detailed design.  

Over the last three to four decades, I have found by overlaying my completed project’s schedules over the generalized EPC Schedule Tool, there is very close correlation between the planning tool and the actual project performance.  It is this close correlation that has given me the confidence to continue its use as an early planning tool. 


See the PDF file, 17-04-10 Schedule Article, below for the Management Level Schedule tool.




This website’s goal is to provide a source for project management support, information, education, and training material for project managers and project engineers primarily in the refinery, petroleum, and petrochemical industries.  In the execution of these projects, the project manager or project engineer may find the need for additional information and support; most times this support will come from within his or her company.  But there are times additional sources are needed.  This website is intended to meet those additional needs.


Project success is a function of the people skills and a broad understanding of diverse subject matter of the project management team.  Scope definition, execution considerations, construction strategy, planning and schedule impact, resource utilization, overcoming difficulties and problem solving, etc, etc, etc, are just a few to enumerate even without addressing the technical side.  Then there is the cost, estimating, and estimate side, factor estimates, detail estimates, forced detail estimates, basis of estimate, construction wage rates, and so on.  Then there is the technical side, material issues, piping systems, equipment considerations, civil and structural, electrical and control systems, document control, specifications, standards, and regulations.  Then there’s the variety of processes both refining (hydrocrackers, delayed cokers, etc.) and petrochemical facilities, the list is almost endless.


Project management is as much art as science.  The key is to continue to learn and never stop learning.


Tom Wolf has over 40 years petroleum and petrochemical experience, including 25 years in project management.  He holds a BS degree in Mechanical Engineering.


© 2013 by Thomas E. Wolf.  All rights reserved.  No part of the information contained in these webpages may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage or retrieval system without written permission of the copyright holder, except for the inclusion of brief quotations in a review.

Key Words:  EPC Schedule Tool

                    Management Level Schedule

                   FEL 2 Schedule