Using
a map-based system for project cost estimation with asset information from a
system of record allows organizations to quickly sketch potential project
work and generate cost estimates. Maps also improve situational awareness and
help staff review, evaluate, and refine project information during planning
phases. Furthermore, the ability to dynamically update preliminary project
costs as needs shift, material and labor rates fluctuate, and budgets change
increases agility and helps an organization maximize limited capital
budgets.
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