Project Cost Estimation Tools & Databases

Project Cost Estimation Tools & Databases

What are the ideal characteristics  of a Project Cost Estimation Organization Assets?

The strength of a cost estimation team is mainly based on knowledge assets and cost information organized, coded and connected with management tools that make interaction with the estimator friendly.

Thus, it is crucial that we identify some of the most important characteristics:

  • Make Easy the identification of the structure or component identification map.
  • Having in the same site the possibility of navigating the tool without having to appeal to other pages or sites to complete the estimation work, that is, all in one integrated, if it's possible.
  • Have the possibility of using tools to make comparisons, using KPIs (Key Performance Indexes) to ensure the quality of the estimate in its revision stage, but that these tools are part of the estimation system.
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