This powerpoint presents Nomitech\'s approach on Cost Estimating

1. nomitech new open mindtechnologies CostOS Estimating 2010 www.nomitech.euwww.costdatabase.eu Brief Overview

2. What is Cost Estimating? Cost Estimating is our effort to predict the Cost of Projects, Production and Activities It is the foundation on which we base our decisions, if we want to accomplish things, and not waste our resources

4. What accuracy do you want to achieve?

5. How much time do you have available to spent on the estimate?

6. How many people are available to work on the estimate?

7. Not at all

8. By hand

9. With spreadsheets

10. With line items / line item databases

12. What is the problem with common Estimating Mathods? By hand:

13. What is the problem with common Estimating Methods? Excel: We can not find easily historical data We need to do repetitive work (crew composition, productivity calculation) We cannot share cost data with our colleagues. What if somebody leaves the company? We need to do repetitive work to build the project schedule/program We might forget cells when making sums What if quantity takeoff changes? We need to manually input new data

14. What is the problem with common Estimating Methods? With line items: We cannot check how the unit price was extracted It is time consuming to get updated costs if salaries or material prices change We can not take into account local energy prices for equipment (heavy civil) It is very easy to “shoot out” unit prices and thus make mistakes We cannot get the activity durations.

15. What are Resource Cost Databases? The Cost of all of our activities (usually described as BOQ Items), depends on the Cost of the Resources that we use. The resources are categorised as follows: - Material - Labour - Equipment - Subcontractor - Consumables There is always a relation between resources and cost. And this relation is captured in a “Relational Resource Cost Database”

17. We can reuse previous estimates to get updated cost (Our Speed)

18. We can build our own knowledge base (Our Accuracy)

20. Easy to learn CostOS™ screenshots

21. What other software are you using? Fully Integrated with : MS Excel (sync mode) Primavera P6 (sync mode) MS Project On-Screen Takeoff (sync mode) SAP @Risk Financial ERPs (Singular Logic, Atlantis ERP)

22. How Cost OS Enterprise works? Suppliers, Materials Equipment, Labour Subcontractors Priced BOQs Technologies Market Analysis USER1 USER2 Online DB Priced BOQs Suppliers Material Equipment Labor Subcontractors Consumables Real Time Project1 (BOQ 1-X)‏ SERVER DB Project2 (BOQ X - Z)‏ Reports Selling Price Approval

23. Do I have access to knowledge bases with CostOS? 1. NODOC: Nomitech Online Database of Cost (Worldwide) 2. Richardson: CDOL Process Plant Cost Database (Worldwide) 3. RS Means Cost Database (US focused) 4. Spon’s Cost Database (UK & Ireland) 5. InfoCredit Group Business Database (M. East)

24. What other information despite rates is covered by the NODOC Various ways to search MATERIAL SPECS AND 3D VIDEOS Links to Costdatabase.eu

25. What other information despite rates is covered by the NODOC EQUIPMENT TECHNICAL CHARACTERISTICS Various ways to search Link to Costdatabase.eu

26. How can I apply the Richardson Process Plant Database internationally? Nomitechis the first company to implement the Richardson DB as “Relational Resource Database”. We have recreated the database This allows you to: Apply the database internationally Use the resources to create your own assemblies Find reference to the CDOL while searching resources and BOQs Not to convert English units to Metric

27. Can I also search for specs through the Richardson Process Plant Database? Various ways to search The results are Grouped for Easier Navigation Link to Cost Data On Line (CDOL)

29. Electrical

30. Heavy Civil

31. Facility Installations

32. Residential (US)

33. Remodeling & Renovation

34. Interior

35. LiteComercial

36. Green Building Technologies-> Also Implemented as Relational DBs

38. Promote Team Working

40. Basic Training

41. Advanced Training

42. System Installation

45. Any well know partners of Nomitech? SUN MICROSYSTEMS IBM Business Partner Oracle Certified Partner (Joint Campaign Primavera – CostOS in various countries starting in November 2009)