Parametric Cost Estimation

Parametric Cost Estimation: Setting Up Cost Functions Based On Technical Parameters

CostFact’s regression module is particularly useful in the early phases of project cost estimates when detailed information about a ship’s components is not yet available. The costs of main and subordinate groups are forecast from previous projects via a statistical analysis of the costs and attributes from the corresponding calculation objects. The regression module is also used to generate cost indices for quick cost predictions.

More Product Features

Efficient Cost Planning

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Integrated Cost Information

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Cost Controlling

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Life Cycle Costing

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