During the time when I was working with one of the biggest international companies in the Middle East, they had developed a software (database)for estimates of materials, equipment with equivalent estimate of labour (manhours) and cost. This is done during the engineering/design stage where they estimate bill of materials and input it on a database. The data base is cost coded which basically can be group to form a work package. The system is very good and information is very useful during the procurement and construction stage. Imagine having all the components of a project on a database and using an inteligent cost coding system, it makes life in construction easier.
Member for
24 yearsRE: Oil & Gas Cost Estimate Data Base
During the time when I was working with one of the biggest international companies in the Middle East, they had developed a software (database)for estimates of materials, equipment with equivalent estimate of labour (manhours) and cost. This is done during the engineering/design stage where they estimate bill of materials and input it on a database. The data base is cost coded which basically can be group to form a work package. The system is very good and information is very useful during the procurement and construction stage. Imagine having all the components of a project on a database and using an inteligent cost coding system, it makes life in construction easier.
Cheers,
Daniel