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  2. Construction estimating software - Wikipedia

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

    Many construction cost estimators continue to rely primarily upon manual methods, hard copy documents, and/or electronic spreadsheets such as Microsoft Excel. While spreadsheets are relatively easy to master and provide a means to create and report a construction cost estimate and or cost models, their benefit comes largely from their ability ...

  3. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    A basis of estimate is an analyzed and carefully calculated number that can be used for proposals, bidding on government contracts, and executing a project with a fully calculated budget. [2]

  4. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/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 estimate. A cost ...

  5. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Every decision in the product development process affects cost: design is typically considered to account for 70–80% of the final cost of a project such as an engineering project [1] or the construction of a building. [2] In the public sector, cost reduction programs can be used where income is reduced or to reduce debt levels. [3]

  6. Companies are focused on cost reduction in case of a ... - AOL

    www.aol.com/finance/companies-focused-cost...

    The economy grew 2.4% in the second quarter, and while the Consumer Price Index rose slightly in September to 3.7%, ... As a result, the primary focus of companies is now cost reduction. Given the ...

  7. List of spreadsheet software - Wikipedia

    en.wikipedia.org/wiki/List_of_spreadsheet_software

    1979, VisiCalc for Apple II with 32K RAM, the first widely used normal spreadsheet with A1 notation etc. 1980, SuperCalc for CP/M-80 operating system, included with early Osborne computers. 1982, ZX81 Memocalc, for low cost ~$100 personal computer with 16K RAM expansion, launched by Memotech in April 1982.

  8. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers. The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3]

  9. Benefit–cost ratio - Wikipedia

    en.wikipedia.org/wiki/Benefit–cost_ratio

    A benefit–cost ratio [1] (BCR) is an indicator, used in cost–benefit analysis, that attempts to summarize the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or proposal, expressed in monetary terms, relative to its costs, also expressed in monetary terms.