Cost Estimating
Understand risk-adjusted cost on a deeper level and balance risk, competitiveness and profitability to determine the best cost estimating strategies, enhancing project success and customer satisfaction.
Easy-To-Use Tools
Plan and estimate labor through an Excel-like interface by task, hours, days, weeks, months, full-time equivalents, or based on sizing inputs, calculation sheets, or cost estimating relationships.
Powerful Data Science
Calculate accurate estimates from your SAP ERP performance history. Systematically calculate unit, fixed, direct, and indirect cost and confidence to review low confidence and higher value resources.
Top-down Planning
Compare Design-to-Cost targets with bottom-up estimates to rapidly highlight areas for discussion. Align sales and delivery via competitive analyses Price-to-Win targets, and risk-adjusted target margins.
Estimate with Performance History
Be aware of cost impacts such as, routings, task lists and work-shop confirmations, purchasing contracts, orders and quotes, catalog prices, and quota arrangements to make stronger and more accurate estimates.
Compliant Bids
Gain traceability to historical sources from your ERP to supplier quotations for spend thresholds over TINA / TCPD and written up justifications for full Government compliance to ensure you can substantiate your costs.
Quantify Uncertainty
Leverage risk and contingency adjusted cost to estimate your project delivery with more confidence and track it up and down the WBS.
Build-up your Cost Model
Turn complexity into clarity. From instantly costing massive BOMs to modeling labor, indirects, and CapEx over time, our platform leverages historical data, integrates seamlessly with ERP and sourcing tools, and delivers a complete, confidence-backed cost model, all in one powerful estimating tool.
Leverage historical data to cost large bills of material (BOMs) within minutes. Import product structures from PLM, ERP or Excel to create Proposal BOMs which can be automatically costed using estimating algorithms. Calculate adjusted unit cost and confidence and refine with a powerful estimating cockpit. Twenty5 integrates with software such as SAP Ariba and Coupa to send sourcing requests for components that require a supplier quote, leading to a fully costed BOM.
Gain access to a state-of-the-art user interface for estimating labor. Spread efforts automatically using curves or manually on a monthly or weekly basis. Combine curves with manual planning by spreading them and then making manual adjustments. Accommodate for varying hours per week and company holidays with different work schedules and calendars.
Apply indirect and support costs, such as freight, taxes, scrap, burdens, Q/A testing or consumables, based on cost pools or burden rates and costing calculation sheets. Control indirect costs in line with direct costs, or as separate cost-pools, based on hourly rates or as a % of cost or revenue.
Model amortization and depreciation with rules for labor, software, and hardware purchases or assemblies, to more accurately project your proposal or capital project P&L over time.