Elemental Cost Benchmark is designed to support organisations looking to enhance their project cost estimating capabilities; and gain important insights into how estimates compare to similar past projects.
Elemental Cost Benchmarks draws upon the projects’ data, creating a database of historical construction project information for detailed benchmark analyses and conceptual estimating.
With all available data coordinated, users can access and utilise known information to produce benchmark and conceptual estimates.
ECB Analyser on the other hand assists users to gauge reasonable construction cost for a new project based on the project cost database and even prepare an elemental cost plan using relevant cost benchmarking.
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