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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 ...
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.
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 ...
Aricent is the successor to Hughes Software Systems, which was established in 1991, as a subsidiary of Hughes Electronics, [3] with funding from Sequoia Capital. [ 4 ] [ 5 ] 1985: Future Software Communications founded by KV Ramani, a TCP/IP stack developer from India which will eventually merge with Hughes Software Systems.
A pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...
NEC Software Solutions, formerly Northgate Public Services, is a provider of specialist software and outsourcing services for the public sector and is based in the United Kingdom. [ 1 ] [ 2 ] This followed its acquisition by NEC Corporation in January 2018.
Sonata Software Limited is an Indian information technology services company, based in Bangalore. Sonata provides services in business intelligence and analytics , application development management (ADM), mobility , cloud , social media , testing , enterprise services ( ERP and CRM ), and infrastructure management services .
A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works.
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