Up to 35% cost saving
Over 25 years of experience
Up to 27% time saving
Conceptual estimating
Cleopatra Enterprise simplifies early-phase decision-making in projects, by providing high-level cost estimates using factor and parametric models. Deploy estimating methods such as Lang, Hand, and Guthrie factors to estimate CAPEX and OPEX costs in early design stages to find the feasibility of your project and make the right decisions. Hybrid methods fill the gap between early type estimates and detailed estimates, by using object cost models containing key quantities and engineering standards. This improves scope definition and coordination between the project team and engineering department.
Translate MTO/BoQ into detailed cost estimates
Use Cleopatra Enterprise to convert Material Take-Offs (MTOs) and Bill of Quantities (BoQs) into comprehensive MTO with a simple click. Our software simplifies the time-consuming task of translating large amounts of detailed technical input into detailed estimates, using Cleopatra’s smart import engine. Apply business rules, productivity factors and contractor norms with ease.
Resource-based estimating
Cleopatra Enterprise simplifies resource-based estimating, allowing precise planning through detailed calendars and scheduling. This approach enables estimating time-driven costs such as contractor indirect field costs and rental costs. Import the project schedule from dedicated scheduling software such as Primavera P6 or create resource schedules on the fly within Cleopatra.
AACE international guidelines
Cleopatra Enterprise aligns with AACE International guidelines. By following the AACE International’s cost estimate classifications, you can further standardize your estimating process and improve communication with your stakeholders and within projects. Trust Cleopatra Enterprise to uphold AACE’s classes of estimating, spanning from Class 1 to Class 5 cost estimates.
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FAQs about Cleopatra Cost Estimation
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What are the different methods of cost estimating?
There are various methodologies that can be used to prepare a cost estimate, which depend on aspects such as the engineering development phase, available (technical) input, the required level of accuracy, etc.
The AACE International Recommended Practice No. 18R-97 provides guidelines for the development of a comprehensive cost estimate. Within this recommended practice, the estimate classification structure is defined and described, which includes the corresponding estimate methodologies, such as conceptual/parametric and detailed bottom-up estimating.
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Whydoes cost estimating software save time?
One of the main benefits of proper cost estimating software is the central knowledgebase architecture, offering a single source of truth for cost data and historical projects.
Users of professional cost estimating software can also save time by leveraging templates, built-in dashboards, and reports, as well as automated health checks that ensure the quality and consistency of the estimate. The time saved on these aspects can be used by estimators to invest more in the analysis of the estimates and finding useful cost relationships.
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Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.