What is an Estimate?

Let’s look at what the definition of an Estimate is.

An Estimate is an approximate measurement of quantities along with their associated costs which include (but are not limited to) a defined group of Items within a project. Quantities of Items can either be measured like Length, Area, Volume, and Count using Measurement operators or manually entered.

In CUBE, an Estimate is a high-level entity within a Project. Users can create multiple Estimates within their space inside a project.

A list of Estimates can be seen at a Project level, but it is important to understand that an Estimate will always be associated to its Space of origin.

Creating an Estimate

Here’s how you can create an Estimate in CUBE.

Step 1 - Once you are inside your Project, click on the ‘Estimates' icon on the left panel of the screen.

Step 2 - Click on the ‘Create New Estimate’ button to create an estimate.

Step 3 - Fill in the following details as specified below

  1. Name - of the Estimate
  2. Space - where you want to create the estimate
  3. Cost database
  4. Description - of the Estimate

Step 4 - Click on ‘Create’ and the estimate will be created.

<aside> ℹ️ Once the estimate is created it will be shown in the List of Estimates.

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