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Cost Estimation |
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Creating a good estimate requires knowledge. Knowledge that you have acquired over the years. To ensure you make the best possible estimate for your projects, you need to use as much of that knowledge as you possibly can. Cleopatra Enterprise enables you to gather all your knowledge so you can use it when building your estimates. Everything in Cleopatra Enterprise revolves around the central knowledgebase. This is the database in which you can enter your knowledge. |
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Or you can choose to work with standardized cost information. The choice is up to you, to allow you to make your best estimate for both EPC and maintenance projects.
Cleopatra Enterprise now also incorporates your allowances, escalation and contingency into your estimate. Allowances enable you to make reservations for known uncertainties which have a high probability of occurring. Escalation can be used to cover for market price developments which will influence your project over the time between the first estimate and completion of the project. Contingency can be added for an incomplete project definition so variations in the project scope, which cannot be foreseen or defined at the time of estimating, can be allowed for. These elements allow you to cover all facets of estimating that are normally out of the grasp of your database.
Cleopatra Enterprise – Because estimating is where your knowledge and your plans converge.
As a project can run for a long period of time and can be influenced by other economic factors, Cleopatra Enterprise offers the possibility to create scenarios. This way you can see what happens when certain costs rise or fall. Using this feature will allow you to prepare your reaction before instead of after the changes take place.
In short, the new estimating module of Cleopatra Enterprise allows you to make a better estimate quicker and keep a closer eye on what is going on within your projects.
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