Case Study: ITER achieves transparent, accurate project cost estimates with Cleopatra Enterprise

Why ITER selected Cleopatra Enterprise as their advanced cost estimating tool

ITER, one of the world's most ambitious energy projects, faced the challenge of developing a highly accurate Class 3 cost estimate for the complex assembly and installation of its first-phase systems. They engaged vendor Cleopatra's consulting team, which utilized the Cleopatra Enterprise software, to bring clarity and structure to the project's total cost management.

The Cleopatra team executed the solution by creating detailed, well-structured estimate reports within their software, increasing both accuracy and transparency. The result after 12 months was a large set of validated estimates, structured to ITER's specific breakdowns, which were directly usable for the project. The success of this collaboration led to a new contract for Cleopatra to manage the next construction phase, run cost-reduction simulations, and implement a fully integrated cost management process.

ITER

Moon Joo Kim

Cost Estimation Officer