What is meant by Block and value allocation?
The term "block and value calculation" refers to the method of calculating and allocating costs or values in space planning and kitchen design software. These processes allow users to capture and manage the total values of materials, labor costs, and other resources. Block and value calculation helps to provide a transparent overview of costs, which is essential for planning, budgeting, and tracking projects.
Typical software functions in the area of "block and value calculation":
- Cost Capture: Recording all relevant costs associated with materials, labor, and services.
- Value Allocation: Assigning values to specific project sections or space blocks to enable detailed cost analysis.
- Budgeting: Assisting in creating and monitoring budgets for various project phases or sections.
- Reporting: Generating reports on the cost structure and value distribution to provide insights into the project's financial situation.
- Optimization: Analyzing costs and values to identify savings potentials and optimization opportunities.
- Integration with Other Modules: Linking block and value calculation with other software modules, such as procurement or project management, to gain a comprehensive overview.
- Real-Time Updates: Allowing for the updating of values and costs in real-time to provide always current information.