Rate building dashboard depicting a list of rates, rate values, and pictures of the project

Rate Building with Cleopatra Enterprise

Discover Cleopatra Enterprise’s Rate Building feature that focuses on the creation and management of cost rates for various resources, such as labor, equipment, and subcontractors. While allowing users to define and customize the rates associated with different types of resources used in a project, it provides a structured framework for establishing rates based on relevant parameters.

Up to 35% cost saving

Over 25 years of experience

Up to 27% time saving

budget optimization

With the Rate Builder, users can efficiently create, update, and maintain a comprehensive database of rates that reflect the specific cost elements involved in their projects. These rates can be customized to reflect changes in market conditions, inflation, or specific project requirements.

By leveraging the Rate Builder functionality in Cleopatra Enterprise, project stakeholders can make more informed decisions about resource allocation, cost estimation, and project control. It enhances the accuracy and reliability of cost forecasts, helps in evaluating different cost scenarios, and facilitates better cost control throughout the project lifecycle.

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cost management dashboard

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FAQs about Rate Building

  • How to build up labor rates?

    To build up labor rates, define a base rate and add additional rate elements to the total rate, such as taxes, overhead, profits, risks, and other contributing parameters.

  • What type of rates can be built with the rate builder?

    The rate builder module creates labor, rental, and crew rates, as well as composite rates.

Ready to start?

Request a live demonstration and experience the benefits Cleopatra Enterprise can have for your organization.