With CostFact’s parametric cost estimation, the user forecasts the costs of main and subordinate calculation groups of the work breakdown structure via a statistical analysis of corresponding objects with known costs and attributes. Besides cost prediction in early project phases, the regression module enables the user to generate cost norms for quick cost predictions.
This 8-minutes webinar shows how CostFact…
…integrates technical data of a vessel and its systems into the calculation,
…analyzes historical projects in order to derive cost functions and
…embeds cost functions into a calculation.
Please select the highest resolution in the setting menu. The video is available online until 30th November 2017, afterwards on request by email (kristin.hofer(at)costfact.com).