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Cost Estimating Relationship
Estimate costs using a parametric approach
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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

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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.
 

YOUR PROFIL

  • 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.

​Video 1/2 - Concepts and methodology

THE BENEFITS

Valoptia.CER:

 

  • 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

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Main features:

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Import data directly from Excel and csv files

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Analyze relationships between variables (heatmap)

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Calculate automatically and finetune Cost Estimating Relationships

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Predict cost

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Identify cost plateaux

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Keep track of analyses

Contact us
Download our brochures and chat with our team
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