Cost estimating system using parametric estimating and providing a split of labor and material costs
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United States of America Patent
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Aug 11, 1998
Grant Date -
N/A
app pub date -
Mar 26, 1996
filing date -
Mar 26, 1996
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A parametric cost estimating model, which can be software-based, provides a capability for inputting specific labor rates and burdening or overhead information for a given installation. Other inputs are project-specific depending on whether a hardware or a software system is being estimated. The process and model provide estimating information as to costs to develop and produce specific hardware or software systems and also provide a split as to labor and material costs for such systems.
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