Aspen Economic Evaluation

© 2010 Aspen Technology, Inc. All rights reserved© 2010 Aspen Technology, Inc. All rights reserved

Aspen Economic Evaluation

Entering Project Components

© 2010 Aspen Technology, Inc. All rights reserved | 2All capabilities and dates are for planning purposes only and may not be used in any contract.

Entering Project Components


Entering Components Overview

If Plot Plan or Operational Units are not available, use single area for entering Components

If entering from Equipment List, consider using Spreadsheet View

Enter all components in sequence

Enter “?” for missing data

Recommend “?” entries be put in the Remarks Field

Three methods for entering Components

– Components Tab

– Area Selection

– Spreadsheet View


Components Tab (Method 1)

Select the Components Tab in Palette

Expand Components by selecting “+” on selections

Click on Selected Component and Drag to List View

Enter Item Description and Tag Number (recommended) and select Area from Scroll List

Select OK to bring up Component Form


Select the Components Tab

2. Expand selections

1. Select components tab

3. Select component

and drag to List View

(Main Window)


Enter Item Description, User Tag Number and Select Area

•Item Description must be unique

•User Tag Number is optional but

strongly recommended as entry

•Select Area Name for placement

•Select “OK” to get input form


Area Selection (Method 2)

Select Area for Component Entry

Right-click mouse and select “Add Project Component”

Enter Project Component Name

Double click mouse on each entry until Component Form appears

Tag Number must be entered on Component Form


Select Area and Add Project Component

1.Right mouse click on Area

2.Select Item


Enter Item Description

2. Double mouse click to select

1. Add Unique Component Name


Select Component to Add (Method 2)

3. Double mouse click on Component to Add to Project


Enter Component Data (Methods 1 & 2)

Black text is User Entered Data

Blue text is System default

Select Evaluate when Data Entry

is complete to review Item

Red Border is Required Entry


Item Evaluation Report - HTML


Selecting Recommended Report Type


Capital Cost Item Report - Equipment

Shows both User Entered Values and Values Used for Calculations


Capital Cost Item Report - Details

Details are not shown on HTML report


Component Adjustments

Adjustment to Equipment or Volumetric Model can be made using Options Menu


Adding Components via Spreadsheet View (Method 3)

Select Spreadsheet View from View Menu

Select View (e.g. Pumps | Centrifugal | Process)

Select Add

Select Project Component Name

Select Component Type to Add and select “OK”

Repeat from “Add” Step until all like components on Equipment List have an entry

Use Copy/Paste function of Excel to Copy Data From Equipment List to Spreadsheet View (Note: Can only copy one column at a time)

Save all entered data


Spreadsheet View Selection


Spreadsheet View Example



Created 6 pumps to match the Equipment List (shown on next slide). No data entered except „Item description‟ and Model selection.


Typical Equipment List

Highlight row or rows of data and select Copy



• Highlight the cells in which to paste the copied data, right-click on cells and select „Paste Selection‟.• Select „Apply‟ to save selections• Select „Ok‟ to exit Spreadsheet

Note: Copy and Paste does not work on cells with dropdown scroll lists.

Aspen Economic Evaluation

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