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Uniformat is a standard for classifying building specifications, cost estimating, and cost analysis in the U.S. and Canada. The elements are major components common to most buildings. The system can be used to provide consistency in the economic evaluation of building projects.
A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...
It is generally acknowledged as the earliest developer of parametric cost estimation software. [citation needed] PRICE Systems’ cost estimating software was first developed in the 1970s when David Shore, a vice president in RCA's Government Group discovered that Frank Freiman, in the purchasing department, was able to predict the cost of ...
This is a list of free and open-source software packages , computer software licensed under free software licenses and open-source licenses. Software that fits the Free Software Definition may be more appropriately called free software ; the GNU project in particular objects to their works being referred to as open-source . [ 1 ]
The most basic element of a cost estimate and therefore the cost database is the estimate line item or work item. [3] An example is "Concrete, 4000 psi (30 MPa)," which is the description of the item. In the cost database, an item is a row or record in a table (of items) and the description is a column or field for that record.
Cost engineers use software and other industry tools and resources to collect, analyze, and share cost data. Tools aside, choosing the appropriate cost engineering technique is critical. Techniques and methodologies can vary depending on several factors, including: The scope and complexity of the project; Project phase and maturity
The Conversion Support Center transferred to GSA in 1979 and became the core of GSA’s Office of Software Development and Information Technology (OSDIT). [13] [14] Like FEDSIM, OSDIT provided technical experts to other agencies for a fee. In 1985, because of the small number of its Air Force-specific projects, FEDSIM transferred from the Air ...
Vendor Bid Analysis (Vendor analysis) is a technique used to figure out the cost of a project by comparing the bids submitted by many suppliers.This can be accomplished by considering the costs (via quotes, bids, proposals, etc.) presented for project work.