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: How to do people estimate the cost of static equipments
: How to do people estimate the cost of static equipments -- nile	Post Reply	Top of thread	Engineering Forum

Posted by: Marky ® 05/08/2009, 07:17:21 Author Profile eMail author Edit

Hi Nile welcome to the forum. I don't use any software. No matter what size project I'll simply create a concept and get actual costs/quotes for all components (purchased and/or fabricated) and add in any labor. It takes time and for me the most accurate.

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: : How to do people estimate the cost of static equipments
: : How to do people estimate the cost of static equipments -- Marky	Post Reply	Top of thread	Engineering Forum

Posted by: randykimball ® 05/09/2009, 10:09:01 Author Profile eMail author Edit

You must go through the whole process mentally from concept to roll-out. Take notes, toss a fake model on the CAD to help visualize all aspects, keep an Excel sheet (which evolves better each time), and get quotes or catalog prices on all hardware and off-the-shelf components. Then add for labor, shipping, and mark up.... then hope you didn't screw up... The worst suggestion of your lifetime may be the catalyst to the grandest idea of the century, never let suggestions go unsaid nor fail to listen to them.

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: : : How to do people estimate the cost of static equipments
: : : How to do people estimate the cost of static equipments -- randykimball	Post Reply	Top of thread	Engineering Forum

Posted by: nile ® 05/11/2009, 02:18:37 Author Profile eMail author Edit

Thats what i am doing at present ...but in this computer world there has to be some software availbale so that we can speed up our work .....

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: : : : How to do people estimate the cost of static equipments
: : : : How to do people estimate the cost of static equipments -- nile	Post Reply	Top of thread	Engineering Forum

Posted by: Marky ® 05/11/2009, 07:20:25 Author Profile eMail author Edit

Nile...there is probably a lot of software out there...but by the time you enter all the variables (parts costs etc..) into the software that randy and I have mentioned you'll have a pretty good excel spreadsheet.

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: : : : : How to do people estimate the cost of static equipments
: : : : : How to do people estimate the cost of static equipments -- Marky	Post Reply	Top of thread	Engineering Forum

Posted by: nile ® 05/12/2009, 02:37:49 Author Profile eMail author Edit

Thanx Marky for ur help ... Can u send me some of ur excel sheet so that i can refer to them and make some as per our requirements .

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: : : : : : How to do people estimate the cost of static equipments
: : : : : : How to do people estimate the cost of static equipments -- nile	Post Reply	Top of thread	Engineering Forum

Posted by: Marky ® 05/12/2009, 08:25:59 Author Profile eMail author Edit

Here's a simple one from a fixture. Labor is not on here because it's a fixture and I'm the labor. Larger projects...for labor simply add a row in for various assy and test etc.. The spreadsheet is set up to add a cost and the sum automatically totals. Other folks here may have some other samples & ideas

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