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Construction estimating software. Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. 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.
In software development, effort estimation is the process of predicting the most realistic amount of effort (expressed in terms of person-hours or money) required to develop or maintain software based on incomplete, uncertain and noisy input. Effort estimates may be used as input to project plans, iteration plans, budgets, investment analyses ...
US$ 1 billion (2023) [ 1] Net income. US$-96.2 million (2020) [ 1] Number of employees. 4,000+ (2024) [ 2] Website. www .procore .com. Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California .
Cost estimation in software engineering is typically concerned with the financial spend on the effort to develop and test the software, this can also include requirements review, maintenance, training, managing and buying extra equipment, servers and software. Many methods have been developed for estimating software costs for a given project.
Cost estimate. A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost ...
Estimation (project management) In project management (e.g., for engineering ), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as. Popular estimation processes for software projects include:
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