To New Users

CERA Databank is designed specially to assist in establishing reliable capital cost estimates pertinent to offshore development projects. CERA Databank is a decision support tool and the typical users are seen to be:

  • Project Owners (Oil companies, partners)

  • Government Agencies

  • Engineering Companies

  • Contracting Companies

Typical users:

  • Project Managers (30+ top-down formulas!)

  • Cost Engineers (130+ resource and top-down formulas)

  • Market Analysts

Typical use:

  • Market analysis

  • Study Estimates

  • Bid Estimates

  • Control Estimates


 What is CERA Databank?


CERA Databank contains several hundred formulas, norms (e.g. workhours/ton) and rates (e.g. USD/workhour) collected in over one hundred different databank items or formulas.

Each databank item is accompanied by a +/- variation to help you establish reliable cost-risk analysis and risk-contingency values. To day CERA Databank offers data pertinent to worldwide offshore development projects. In the near future the bank will be expanded to include other industries.

The data have been established on the basis of several hundred historic contracts/projects worldwide. The bank has been in existence and undergone constant updating for more than twenty years. Several hundred Order of Magnitude Estimates, Study Estimates, Bid Estimates and Control Estimates have been established on the basis of CERA databank. The customers have primarily been oil companies, contracting companies, engineering companies and government agencies.

CERA Databank has the reputation for being the most accurate capital cost databank in the industry. The high quality of the bank is partly the result of the enormous amount of historic data forming the basis for the bank, and partly the result of the advanced analysis techniques applied. One of the most important features is that e.g. all workhour norms (man-hour norms) in CERA Databank are quantity dependent, contrary to most other databanks on the market. This is a much more accurate method than the traditional methods using ‘static’ norms in that it will allow you to accurately predict the variance in cost due to variance in contract or job size.

The enormous importance of ‘contract size’ and the CERA Databank techniques is described in several articles published in the worlds leading project management journals:

  • Cost Engineer, AACEI, USA, June 1992 (ISSN: 0274-9696)

  • Project Management Journal, Project Management Institute, USA. (ISSN: 8756-9728.) September and December 1996.

  • PM Network, Project Management Institute, USA, April 2000.


 How CERA Databank WWW works


In short, these are the steps you would take in a normal work session:

1. Call
2. Log in
3. Search
4. Calculate
5. Cut and paste

Steps 3 to 5 are repeated as many times as required to complete the estimate.

Searching for information (step 3) is easy. The content list is scrollable and/or formulas may be found by means of the search engine: To display a list of information about a certain topic - e.g. labor rates - all you need to do is type ’labor’ in the text field and press the ‘Select Item’ button. Likewise, to gather all information about total platform cost, all you need to type in the text field is ‘platform’. The systems will immediately list the data answering to that description. To calculate and display the result of a calculation simply input the data requested by the formula and press the ‘Calculation’ button.

A quicker way of navigating the databank is by keying in the unique code attached to each item. This, however, requires some knowledge of the Standard Cost Coding Structure (SCCS 92). This is easy. All you need to remember is that L stands for Labor, T for Tanks, V for vessels, N(!) for steel, etc. If you do not want to memorize the code the applicable part of SCCS 92 is listed in the site together with easy to use help functions. Don’t let this scare you off because SCCS really is a handy and easy too understand code. It is not without reason the code is growing increasingly popular throughout the world and is probably the only ‘standard’ cost code applied in the offshore industry.




The price per license is as follows:

  • Package A: 6 months (180 days) duration = *

  • Package B: 12 months (360 days) duration = *
    (The license fees may change on short notice.)

* Go to 'Register New User' under menu 'Information'

The license covers:

  • Unlimited accesses for ONE user for the license period

  • E-mail support

To register as a user this is what you do:

1. Return to Login (Select ‘Home’ from the menu above).
2. Select ‘I am a New User
3. Register with name, address and e-mail address; the e-mail address will serve as both user-name and the address we will use in our communications with you.
4. Within one to two working days you will receive your personal password including a commercial agreement which you have to sign and return by fax or mail within five working days.
5. Login to the system and start investigating CERA Databank.

If you have further questions about CERA Databank, please do not hesitate to contact us at:

Please note:

The document, software or data file(s) may not be reproduced, distributed or published for any purpose, except that you may run the program from one computer at the time.
CERA Consult or any of its distributors accepts no liability whatsoever for any direct or consequential loss arising from use of the documentation or software.
The documentation and software may be changed on short notice.