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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 ...
Data from Gulfstream General characteristics Crew: 2 Capacity: seating for 10 in executive style and 4,050 pounds (1,840 kg) payload Length: 66 ft 10 in (20.3 m) Wingspan: 63 ft 0 in (19.2 m) Height: 21 ft 4 in (6.5 m) Wing area: 495 sq ft (46 m 2) Empty weight: 24,150 lb (10,954 kg) Max takeoff weight: 39,600 lb (17,960 kg) Powerplant: 2 × Honeywell HTF7250G turbofans, 7,624 lbf (33.91 kN ...
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 ...
On October 5 of the same year, Gulfstream announced another addition to its business-jet fleet: the large-cabin, mid-range Gulfstream G250 (later renamed the Gulfstream G280). It is capable of traveling 3,600 nautical miles (6,670 km; 4,140 mi) at Mach 0.80 and has a maximum operating speed of Mach 0.85.
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 ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
The G200 was originally named "Astra Galaxy". When Gulfstream Aerospace purchased Galaxy Aerospace in 2001 the model was rebranded as the Gulfstream G200. [2] Israel Aircraft Industries' subsidiary Galaxy Aerospace Inc. began designing the Galaxy in the late 1980s in a risk-sharing partnership with the Soviet aircraft design bureau Yakovlev OKB. [3]
Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.