The Estimating System comprises a database and supporting material used for developing cost estimates for projects, products and services. This could be for any form of work or activity that is aimed at achieving a particular goal or outcome.
The system is designed to cater for the full asset lifecycle needs of an organisation. Unit rates and costs can be determined for:
• Asset management modelling and planning
• Asset valuation and depreciation
• New asset construction
• Asset renewal and replacement
• Asset upgrade and expansion
• Asset maintenance and operation
Examples include developing a roads asset management plan, revaluing drainage assets, upgrading a building, implementing a parks maintenance program, and operating a quarry. The system supports a holistic and integrated approach so that detailed unit rates developed from first principles can roll up to form rates and costs for the higher-level needs such as strategic asset management planning.
Depending on the size and scope, the structure of projects within the system may vary in complexity. A project could comprise a single task or be more elaborate with multiple tasks. Similar tasks can be arranged under task groups. Resources can also be assigned to tasks. This is demonstrated by the following example:
For further information please contact us:
Phone: +61 421 826 116
Email: info@smartgov.au