answersLogoWhite

0

Cost estimating software is used for engineering purpose. It helps them run things at a certain price then ten different prices.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What would one use building estimating software for?

There are many things one might use building estimating software for. One might use building estimating software to sketch floor plans and estimate costs.


Do insurance companies use property cost estimating software?

Insurance companies usually use the property tax value when estimating a propertys value. Insurance estimating software will help them in the even of a loss to estimate the replacement costs.


What kind of businesses would benefit most from using cost estimating software?

Businesses that would benefit most from cost estimating software would be any business that needs to buy products. For example a resturant that buys their food, plates, Ect would use this to calculate how much their spending over how much their making.


Estimating Software?

Estimating Software Can Save Time And Money Businesses predicated upon project work find estimating software a valuable time saver. Estimating software is available as part of regular modules within most accounting software such as Peachtree or Quickbooks. In departments where estimating is the chief responsibility it may be necessary to consider installing estimating software to hasten the pre-project cost analyses as well as costs for time, labor and parts. Small businesses as well as large operations where accounting transactions occur frequently benefit from estimating software. It’s infinitely easier to assess costs of various parts for mechanical inventories and mechanical installation projects with the use of estimating software. Examples Of How Estimating Software Works One example of how estimating software is a necessity is in engineering projects. Most engineering projects begin with estimating the cost of design, installation, equipment, parts, labor and time. This is done by estimators whose duty it is to research all of these costs, create a template in an estimating software environment and produce a estimated report of the total cost of the project. Another example of estimating software use is in small laboratories where testing is done. In these cases estimating software track costs of chemicals for testing, labor and time as well as tabulate the impact on overhead. The Final Stages of Good Estimating Software In its most useful final stage in the estimating process, estimating software has one other significant value: cost comparisons from one project or transaction to that of others. In instances where projects or business transactions are similar, estimating software tracks increases or reduction in costs that make it easier to identify budgetary impact. In large engineering projects, estimating is essential to maintain true cost of parts and labor from one project to the next. It just makes good sense to evaluate the need for estimating software as it pertains to the specifics of each business. For new businesses, estimating software is crucial to defining project costs vs. actual costs. Estimating Software And Internal Cost Accounting Internal cost accounting requires a tracking of estimated costs for projects or regular transactions of business to produce a clear representation of profit and loss.


Do most contractors use estimating software to estimate the cost of a job?

There are many estimation software packages available. However, not all contractors utilize this software; it is not always needed for the contracting service.


Is there any free software to help with construction estimating?

There is some free software that one can use with construction estimating. The software Construct Now is software available for free that can help with estimations.


What cost estimating technique would the services most likely use as a basis for requesting the funding to pay for the additional aircraft?

Actual Cost


What is a good estimating software program for construction projects?

There is a great comparison of estimating software at SoftwareAdvice.com I have used Digital Canal at my company for a year now and find it really easy to use.


What cost estimating technique would the Navy most likely use in preparing their programming and budgeting documents?

Parametric


Where can you purchase construction estimating software?

One can purchase construction estimating software from Bhangals and Cloud Street stores . In order to buy a good construction estimating software, one must look for some features, such as, how easy is it to use, the integration process, flexibility and if there is any support to customers from the manufacturers.


What companies offer decent remodeling software?

Chief Architect Software offers an easy to use program to help visualize and design your home. This program has floor and space planning section, along with a cost estimating materials list.


What are some good construction estimating services?

There are different types of construction estimating services such as concrete estimating, metals estimating, masonry estimating, sitework estimating, opening estimating, electrical estimating, MEP estimating. WorldEstimating is one of the best construction estimating company which is offering accurate cost estimation and material takeoff in all over the world.