Avigliana, September 14, 2017

Azimut Benetti Strengthens Cost Management

(Picture source: Azimut Yachts)

Avigliana, September 14, 2017:

Azimut Benetti is the largest network producing mega yachts and the world’s leading private group in the luxury boating sector. As the business unit Azimut Yachts is engaged in serial production, the design of a new yacht always means a long-ranging determination of cost and cost structure. In order to predict the cost of new designs fast and reliable, Azimut Yachts evaluated the cost management system “CostFact”. Besides cost planning and cost controlling, this shipbuilding specific software enables cost estimates based on CER (Cost Estimation Relationships). CERs are calculated based on technical parameters and labor hours/cost of historical projects, see www.costfact.de/parametric-cost-estimation. After an in-depth evaluation of the regression module, Azimut Yachts decided to implement CostFact for the calculation in the everyday business.