System and method for estimating construction project costs and

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

705 9, 705 10, 705 20, 235378, G06F 1760

Patent

active

059182199

ABSTRACT:
A distinctive estimating method using a concise depiction, organization, and presentation of time, related to the number of items accomplished, to produce a Historical Data Block of information, that is a stable inference base. These Blocks of information can be stored, referenced, anatomized, multiplied or divided and restacked, to create other accurate totals and estimates. This stable Block easily allows the accurate calculation of future duration times and item quantity totals. The calculated item quantities can be used to calculate current item costs and totals, by using a current item cost database. Or the item totals can be printed and sent out, requesting a quote, or sent out as purchase orders. The accurate duration times can be used to automatically produce a schedule, concurrently with the estimate, by using a predefined templet. These duration times can also be used to calculate accurate: duration costs, employee goals for profit sharing, payroll, and insurance premiums, all of which increase the efficiency of management and the estimating processes.

REFERENCES:
patent: 3846702 (1974-11-01), Dziki et al.
patent: 4019027 (1977-04-01), Kelley
patent: 4578768 (1986-03-01), Racine
patent: 4700318 (1987-10-01), Ockman
patent: 4782448 (1988-11-01), Milstein
patent: 4852001 (1989-07-01), Tsushima et al.
patent: 4989141 (1991-01-01), Lyons et al.
patent: 5111391 (1992-05-01), Fields et al.
patent: 5146548 (1992-09-01), Bijnagte
patent: 5189606 (1993-02-01), Burns et al.
patent: 5216593 (1993-06-01), Dietrich et al.
patent: 5233533 (1993-08-01), Edstrom et al.
patent: 5235680 (1993-08-01), Bijnagte
patent: 5270920 (1993-12-01), Pearse et al.
patent: 5276805 (1994-01-01), Hamaguchi
Baker, S., Mendel, T.; "Applications of Computers to Project"; TAPPI Proceedings ISSN 0272-7269; pp. 335-341, 1985.
Hatwell, R.; "Cost Engineering System for the Future"; Cost Engineering; V35, N3, pp. 13-17; Mar., 1993.
Kevin McManus, "Picturing a City's Rise: Stewart Brothers Photographers Records Development", The Washington Post, v 114, n 348, sec E, p. 1, Nov. 18, 1991.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

System and method for estimating construction project costs and does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for estimating construction project costs and , we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for estimating construction project costs and will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-1387000

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.