Cost of Change Calculator

Quantify The Hidden Costs Associated With Late Changes

Two of the most fear-inspiring words in the world of project management are “scope creep.” Last moment changes significantly affect planned budgets, and project managers in heavy industry are left to adjust accordingly with little time to do so. 

This leads to questions that need answers: What is the cost impact of starting the turnaround earlier? What if the turnaround were delayed? What is the cost penalty of adding additional work packages after the scope freeze date? What if scope items were removed?

Turnaround managers typically confront these types of decisions during the definition and planning phases of a turnaround – and sometimes in the late stages of turnaround preparation. AP-Networks’ Cost of Change Calculator aids in making these critical decisions by helping turnaround managers to assess various cost alternatives against the business drivers for making late changes. The Cost of Change Calculator estimates the impact of these changes on the overall turnaround cost.

Backed By Data, Trusted By Industry

The reliability of the Cost of Change Calculator has been proven over the years throughout hundreds of turnarounds. It is a tried and tested tool rooted in statistical regression models that make use of empirical data from AP-Networks’ engagements with Industry. As the AP-Networks Turnaround Database continues to expand with each new turnaround, our tool becomes ever more robust.