Argentum Solutions, Inc.
Sterling guidance on corrosion and materials degradation
| Potential-pH Diagrams |
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| Intelligent Tools |
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| Corrosion Calculator |
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| Corrosion Economics Estimator |
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David C. Silverman |
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FINCALC (Cost of Corrosion Estimator) FINCALC was developed on the assumption that knowing the relative costs and economic aspects of alternative approaches to circumventing corrosion is an important part of the development and implementation of a corrosion related project. In summary, this estimator calculates the net present value and discounted cash flow as a function of interest rate. It requires inputs such as project life, initial testing costs, capital expenditure, periodic costs, and one time costs. Many such costs can be bundled.A well-executed project is one that is also cost-effective. The concept is that this tool could provide the corrosion practitioner with preliminary economic input of which alternatives should be pursued. Since FINCALC provides a preliminary estimate the relative cost of corrosion related project alternatives, it might be used as a part of very early stage planning. Alternatives can be compared by running the estimator for various cases. Feedback on the usefulness of FINCALC is requested. Such feedback can be entered by clicking on the contact information below. Previous Page: Isolated Repair or Other One-Time Expenditure Input |
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David C. Silverman, Ph.D. - Primary Consultant |