SoftGuide > Functions / Modules Designation > Cost estimation

Cost estimation

What is meant by Cost estimation?

"Cost estimation" refers to the process of predicting or estimating the costs associated with a particular project, task, or product.

Typical functions of software in the field of "cost estimation" include:

  1. Cost Parameter Capture: Capturing and managing various cost parameters such as labor hours, material costs, equipment costs, and other relevant cost factors.

  2. Labor Cost Calculation: Calculating costs based on labor hours, wages, and other labor-related expenses.

  3. Material Cost Estimation: Estimating costs for materials based on quantities, prices, and other relevant information.

  4. Consideration of Overhead Costs: Incorporating overhead costs such as administrative expenses, operational costs, and indirect costs into the overall cost estimation.

  5. Cost Adjustment Based on Parameters: Ability to adjust costs based on various parameters such as project size, complexity, geographic location, and other factors.

  6. Reporting and Analysis: Generating reports and analyses that provide a detailed breakdown of estimated costs as well as comparisons with actual costs.

Are you looking for software for your company? We will help you with this challenging task free of charge! We will compare more than 64,000 solutions for you.

Learn more now!

The function / module Cost estimation belongs to:

Cost analysis, cost management

Software solutions with function or module Cost estimation:

PST-BI
 
 
 
 
 
 
Data warehouse, cost accounting, planning, reporting, business analytics for SMEs
fi-square
fi-square
 
 
 
 
 
 
The complete solution for manufacturing companies
LEEGOO BUILDER
LEEGOO BUILDER
 
 
 
 
 
 
CPQ system with calculation, product configuration and document output
Voracity
Voracity
 
 
 
 
 
 
The most powerful platform for end-to-end data management
elKomBI
elKomBI
 
 
 
 
 
 
Controlling software for analysis, planning and reporting with IBM Planning Analytics TM1
OCT planning
OCT planning
 
 
 
 
 
 
Unlimited possibilities for corporate planning at operational level
OPTIMUS
 
 
 
 
 
 
Good software can be so simple
FACTON EPC
 
 
 
 
 
 
Software solution for company-wide standardized product cost calculation
GEBRA-Suite
GEBRA-Suite
 
 
 
 
 
 
Customized business applications with flexible modules
hheader
hheader
 
 
 
 
 
 
Calculation tool for planning and commissioning in the field of plant engineering
Show all 15 programs with Cost estimation