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Estimation is the process of gradual refinement and does not finishes till the end of project. NFRA provides user with a safe and sound estimation, in order to meet the planned estimate and finish the project within the set tolerance limit.
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Two thirds of all projects substantially overrun their estimates.Estimation is the basis of a sound project planning. Estimation is the process of gradual refinement and does not finishes till the end of project.NFRA provides user with a safe and sound estimation, in order to meet the planned estimate and finish the project within the set tolerance limit. ESTIMATION
ESTIMATION SOFTWARE This part helps the user too fetch the price of item from the master and place it against the concerned BOQ. When all the items are present against all the items listed in BOQ, the sum of all the price gives you the total estimate of material required.
ESTIMATION - MATERIAL / ASSEMBLY/MANPOWER/ SERVICES /OVERHEADS
ESTIMATION - MATERIAL / ASSEMBLY/MANPOWER/ SERVICES /OVERHEADS
TOOLS RATE AND MANPOWER Many tools are required for the completion of project, some of which the are rented and some purchased, the sum of sum and purchasing and renting provides with an estimate for tool. Labor charges of different categories can also be calculated by entering the rate and quantity of labors employed. Sum of all the cost provides with an estimate for manpower.
SUBCONTRACT Many activities of a project are outsourced to subcontractor, all of which them have different charges. The activity which is selected for outsourcing is selected in this page and the rates are fetched from the database for the same and displayed on the screen. These rates are reflected in final estimate thus easing the process of estimation.
ADD ON CHARGES Commissions, extra logistics cost(loading & unloading) and many more such add on costs are unavoidable in a project based company, and sometimes they are of such costs that they cannot be ignored. So this part of module allows one to manage these costs well and even reflect it in the total estimate.
CONCLUSION NFRA allows one to handle one of the most important part of project without any errors and difficulties. A minute mistake may be an error in calculations or a human error to notify the correct charges of subcontractor and many more, can have a serious impact on estimation and NFRA allows the user to minimize these problem to the maximum. http://www.eresourceerp.com http://nfra.eresourceerp.com