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estimating software-what can one do with?

Estimating software is used by businesses that work on blue collar projects. Estimating software helps businesses plan costs and spending relating to a project. It also helps businesses report on key metrics involved in the project management aspect of any given job.Estimating software allows the user to break down a construction project into phases. The user can input certain information into the correct fields to provide the necessary information needed to calculate costs for a specific phase. Information on materials, dimensions of supplies used, labor and other costs are typically added into phases set up by the estimating software. The phases help the user create a detailed estimate for a customer if requested.Managing the resources associated with a project is another important function in the estimating software. All of the resources are tracked by the user. The person can track the amount of supplies required for the project. The number of labor hours used for a particular aspect of a project can also be tracked within the estimating software. The project management features help the company make sure that the project will be completed on time and within a certain budget.Quotes can also be generated in a more accurate manner through the use of an estimation software program. Many companies frequently submit bids that are too low, and as a result, they struggle to break even throughout the project. The quote software’s ability to calculate all of the components required for completion of a project ensures that no important components of a project are left out. Accurate quotes can protect the user from biding too low on a project.Reporting options are also available to the business. Productivity on all phases of a project is possible. Labor costs and other expenses can also be tracked by the type of project, and specific job can be reported on. The quotes most likely to help a business to secure a bid can be studied through the use of the reporting features available in some of the estimating software.The estimating software helps a business quote competitively and accurately, which makes for a more professional quote.


What is the Difference between Agglomerative and Divisive Clustering technique?

Agglomerative Custering: is a type of bottom-up approach ,where it deals with each point as cluster of its own then start merging them. based on minimum distance between points until achieving number of clusters required Divisive Clustering: top-down approach , where it treat all points as one big cluster then start dividing it until achieving number of clusters required


What is the difference between cofficient of performance and efficiency?

The COP can be more that one since the heat transferred can be more than power required by the refrigerator but the efficiency can never be more than one since the power generated by engine cannot be more than the total heat content of the fuel.


What is the difference between flat top sampling and natural sampling?

in flat top sampling the electronic circuit required for sampling are less complicated as compared to the one used in natural sampling, at demodulation of the sample it is very difficult to maintain the natural waveform of the natural sampling so flat top sampling can easily be demodulated.


Useful when exact data is not required?

Estimation

Related Questions

Explain the difference between activity duration estimating and estimating the effort required to perform an activity?

Activity duration estimating involves determining the amount of time an activity will take to complete, considering factors like resources, dependencies, and constraints. Estimating the effort required to perform an activity, on the other hand, focuses on quantifying the work or labor needed to complete the activity, taking into account skill levels, complexity, and potential risks. In essence, duration estimating is about time, while effort estimating is about the work involved.


What three factors determine the amount of energy required for an activity?

The three factors that determine the amount of energy required for an activity are body weight, intensity of the activity, and the duration of the activity.


How do you figure out the length of the effort and load?

The length of effort and load in a project can be determined by estimating the amount of time or resources required to complete a task. This involves breaking down the project into smaller components, assigning resources to each task, and then estimating the time needed to complete each activity. By adding up the total time or resources required for all tasks, one can determine the overall length of effort and load for the project.


How can we convert Fibonacci story points into hours for estimating the time required for a project?

To convert Fibonacci story points into hours for estimating project time, you can assign a specific number of hours to each Fibonacci point based on past project data. This conversion helps in estimating the time required for completing tasks within the project.


Is a kitchen scale required to make French macarons?

Depends how good you are at estimating measurements


What is the duration of Some Assembly Required TV series?

The duration of Some Assembly Required - TV series - is 3600.0 seconds.


What is required for life activity?

Oxygen, water, and life is required for life activity. Also ap-ma-spere<-(i couldn't spell it) is required, maybe...


What is required for sperm activity?

puberty.


What is crashing in CPM technique and what is time-cost ratio and how is it useful in crashing?

crashing is the technique of minimizing the total duration of a network of activities, mainly by reducing the duration of the critical path activities to the least possible magnitude. Since the critical path is also the longest, the duration of this path has to be reduced. However any reduction in activity duration comes at the cost of increased cost due to extra resources required(like labor, electricity etc). Also note that simply reducing the duration of a critical path activity is meaningless unless the duration of parallel activities are also reduced by equal magnitude. Then and only then will the total duration get reduced. Sometimes the non-critical path activities have floats(ie expendeble time). In such a case while crashing such an activity, first the floats are removed. Only then can its total duration be reduced.


What is crashing in CPM technique and what is time cost ratio and how is it useful in crashing?

crashing is the technique of minimizing the total duration of a network of activities, mainly by reducing the duration of the critical path activities to the least possible magnitude. Since the critical path is also the longest, the duration of this path has to be reduced. However any reduction in activity duration comes at the cost of increased cost due to extra resources required(like labor, electricity etc). Also note that simply reducing the duration of a critical path activity is meaningless unless the duration of parallel activities are also reduced by equal magnitude. Then and only then will the total duration get reduced. Sometimes the non-critical path activities have floats(ie expendeble time). In such a case while crashing such an activity, first the floats are removed. Only then can its total duration be reduced.


How can you estimate the value of an irrational number?

There are different methods for estimating irrational numbers. For numbers like pi or e, there are infinite series which can be used to calculate their value to the required degree of accuracy. There are numerical methods - such as the Newton-Raphson iteration - for estimating roots of numbers.


Is Jim required to assist the PM in this activity?

This question cannot be answered without first specifying the activity.

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