An effective cost estimating system is essential for any company,
especially those that bid on U.S. Government contracts. Not only are
reliable cost estimates necessary to ensure the competitiveness and
profitability of contract proposals, an auditable and supportable
estimating system is required by U.S. Federal Acquisition Regulations. To
comply with these regulations, contractors use a variety of techniques to
develop estimates for proposals submitted to the Government, including
methods such as analogous cost, bottoms-up estimates, and parametric
estimating techniques.
Parametric cost estimating techniques are recommended by the U.S.
Department of Defense as a 'best practice" for cost estimating.
PCM/Designer and PCM/Estimator are revolutionary software tools that make
parametric cost estimating techniques easier and less expensive to
implement. You can do it the hard way - or you can do it the PCM way!
PCM/Estimator stands for Project Cost Model Estimator. This software is a
powerful project cost estimating program that uses cost models developed
with PCM/Designer. PCM/Estimator allows you to create detailed, accurate,
project cost estimates for complex projects in minutes with an efficient
and intuitive point and click user interface.
Key Features of PCM/Estimator -
Uses your custom-built cost models to quickly and easily produce
high-quality cost estimates.
Uses parametric cost estimating techniques recommended by the U.S.
Department of Defense as the "best practice" for cost estimating.
Uses an intuitive point and click interface to select project tasks and
specify cost-related parameters.
Calculates labor, material, and other direct costs and breaks these down
into all detail categories defined in the cost model.
Provides task by task cost breakdown as well as summary level costs.
Provides graphs of cost by month at the summary level, for any individual
cost type (labor, material or other direct costs), or for any specific
cost category.
Provides a complete set of reports to thoroughly document your cost
estimates for presentation to your customers and/or audit purposes.
PCM/Estimator is ideal for preparing cost proposals for complex
engineering projects, especially for U.S. Government contract proposals
which frequently undergo detailed audits. PCM/Estimator automatically
produces all the documentation you need to support your cost estimates.
Enjoy another fine release from HERiTAGE!
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