The program permits users to develop cost-estimating relationships (CERs) by inputting cost and descriptive data for known systems. The CERs are used to develop equations to predict costs of similar systems. Users enter information on multiple projects that are similar. The program uses regression analysis to develop algorithms linking costs with key variables. A maximum of 15 variables can be defined.
The program can predict the 95% confidence level of the cost estimate of anew system. Escalation factors can be stored. This permits an estimator to make an estimate based upon historical cost data. The database is user supplied.
The program was developed ~ 1989. There have been no changes or enhancements for the past few years. This cost estimating system is targeted to estimators, architects, and engineers. The program is available free of charge to DOE and DOE contractors. However, the program is not currently available through NTIS or OSTI.
Minimum Hardware: IBM PC with hard disk or equivalent; will not run on Macintosh.
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