Cost Estimating Relationship
Estimate cost with simple
Parametric modeling relies on available data (price, technical specs, environment, …) of existing products or services. This data is processed to calculate cost estimating relationships and allow you to estimate the cost of new products or services based on the most relevant parameters (cost drivers).
Example : cost = 3 x mass + 0.5 x diameter
Valoptia.CER packs advanced statistical algorithms behind a simple, user-friendly interface to help you define a product or service’s most influential cost drivers.
Valoptia.CER uses these cost drivers to calculate the most effective Cost Estimating Relationships and estimate the cost of new products or services.
You are a costing specialist
You are a tender manager or specialist
You are a buyer
You design new products or parts
Valoptia.CER is for you.
Saves a lot of precious time in the costing process
Is intuitive and user friendly, making it easy and quick for user to get their first results
Import data directly from Excel and csv files
Analyze relationships between variables (heatmap)
Calculate automatically and finetune Cost Estimating Relationships
Identify cost plateaux
Keep track of analyses