Cost Engineering

Working Party


This Working Party deals with cost estimates and investment assessment as well as project controls. Key topics are:

  • Comparison of cost evaluation methods in the various project phases
  • Cost estimates of different cost groups
  • Risk analysis in cost estimates, risk assessment for investments
  • Cost estimates for international locations
  • Assessment of commercially available cost-estimating software
  • Project structure and cost structures of various companies
  • Cost engineering in project execution
  • Development of a new cost index for chemical plants in Germany
  • Execution of Engineering Procurement and Construction contracts
  • Construction and execution costs
  • Glossary of cost engineering terms


Werner Pehlke

Vorsitz / Chairman:
Werner Pehlke,
BASF SE, Ludwigshafen

Tatjana Jüngst

Stellv. Vorsitz / Vice Chairman:
Tatjana Jüngst
VTU Engineering Deutschland GmbH

Become a member