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  2. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    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 ...

  3. Cost database - Wikipedia

    en.wikipedia.org/wiki/Cost_database

    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.

  4. Cost engineering - Wikipedia

    en.wikipedia.org/wiki/Cost_engineering

    Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] "Cost Engineers budget, plan and monitor investment projects. They seek the optimum balance between cost, quality and time requirements." [2]

  5. PRICE Systems - Wikipedia

    en.wikipedia.org/wiki/PRICE_Systems

    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 military new systems with considerable accuracy before design was completed and a parts breakdown was available for ...

  6. Helport AI and LendSure Mortgage Corp. Partner to Transform ...

    lite.aol.com/tech/story/0022/20250122/9335645.htm

    SINGAPORE and SAN DIEGO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Helport AI Limited (NASDAQ: HPAI) ( “Helport AI”), an AI technology company serving enterprise clients with intelligent customer communication software, services, and solutions, today announced a new strategic partnership with U.S.-based LendSure Mortgage Corp. (“LendSure”), a ...

  7. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    A cost estimate is often used to establish a budget as the cost constraint for a project or operation. In project management, project cost management is a major functional division. Cost estimating is one of three activities performed in project cost management. [3] In cost engineering, cost estimation is a basic activity. A cost engineering ...

  8. 3D Systems & Daimler Truck | Daimler Buses Innovations ...

    lite.aol.com/tech/story/0022/20250123/9336774.htm

    Roy Sterenthal, vice president, industrial additive, Oqton commented, “Our 3DXpert software is renowned as an all-in-one solution to streamline the additive manufacturing production workflow. By combining this capability with Wibu-Systems' robust digital rights management solution, we're helping Daimler Buses safeguard its intellectual ...

  9. Cost estimation models - Wikipedia

    en.wikipedia.org/wiki/Cost_estimation_models

    The model then provides as output various resources requirements in cost and time. Some models concentrate only on estimating project costs (often a single monetary value). Little attention has been given to the development of models for estimating the amount of resources needed for the different elements that comprise a project. [1]

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