The new release 3.0 of RIPAC, CSSP's estimating software due out in February 2004, allows estimates and cost models to be prepared with maximum flexibility but without dictating the estimating methodology.
Whichever the method of construction procurement, some processes remain as critical as ever if a project is to be delivered on time and within budget. Cost Consultants must accurately determine the likely costs at the very outset of decision-making if dire consequences are to be avoided during the actual construction phase.
RIPAC 3 now has just one single relational database that is integrated with other associated CSSP products and is no longer a series of linked modules. This means all cost data is held in one location for all users, passwords permitting. New projects entered on the system contribute to existing data from completed projects and now, external cost data such as BCIS on-line.
The system will produce ballpark and feasibility estimates based on historic cost data adjusted automatically by Cost and Locality Indices. Elemental cost models and detailed measured estimates can be created using new data, historic data or a combination of both. At every level of the estimating process, data can be manipulated to suit the level of detail available.
With totally new feasibility functions, less than 10 minutes of basic project data input will automatically create a building cost estimate for various multi-storey project types, together with construction schedule and cash flow.
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