110 resources match your search criteria
Parametric estimating in project management
Parametric estimating for estimating projects is a technique that involves using mathematical relationships and statistical analysis to develop cost estimates based on a set of parameters or variables. Instead of relying solely on engineering input or detailed project specifications, it leverages the relationship between various project characteristics to derive cost…
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Quick guideline for Project Benchmarking in the Construction Industry
A guideline which describes the project benchmarking process including key factors for successful implementations.
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How to choose the right cost accounting software?
Cost accounting, often referred to as management accounting, is the branch of accounting that provides economic and financial information about project costs to aid management to plan and control projects and other business activities. In order to practice cost accounting effectively, a project controls software package should assist the user in…
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We need to reconsider construction cost management
Most of the large construction or engineering projects lay under the civil and infrastructure classification. This kind of projects became a synonym of and change of the scope, delay and, extra cost worldwide. This is essentially due to the expensive obstacles that lead to construction costs and that were not…
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5 benefits of having all your project costs in one system
Project cost data flows through multiple departments. At each step, the data has to be handled, reported, copied or moved throughout the organization. By centralizing project cost data in one software system, you have the opportunity to dramatically improve the handling of project costs. Let’s look at the five greatest…
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AACE Conference & Expo 2023: A Dialogue with Cleopatra Experts
Join in a conversation with Cleopatra Enterprise experts as they prepare to exhibit at the Annual AACE Conference & Expo 2023.
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How data is changing your cost management
Capturing knowledge and experience; how data changes the way you perform cost management.
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3 tips to increase the accuracy of your estimates
This article provides you with three general tips to increase the accuracy of your estimates.
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Cost management for turnaround projects, useful or not?
Most of you know that turnaround management is critical for refineries and other petrochemical facilities, as these major events require careful planning and cost management. Turnarounds typically involve significant capital expenses to execute and major operational expenses due to revenue loss when the facility is shut down. As such, they…
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5 crucial steps to successfully use cost estimating software
At Cleopatra Enterprise Consultancy we have helped many organizations in their search for the right cost estimating and cost management software. Over the years we have identified some critical areas that determine the successful use of dedicated cost estimation tools. These are five of the most important factors. 1. Find…
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