Nomitech co-operates with Palisade and enables you to perform risk analysis on your estimate. You can standardize the way you perform Risk Analysis, by creating appropriate global layouts within CostOS. Place all the fields that will be taken into account as variables in your layout, group and sort your estimate by Group Codes, WBSs etc and display the appropriate outcome(e.g. offered price, total cost etc).

Use the instant screen export to Excel, and your estimate with its applied layout will be exported to Excel, including all the formulas and calculations which are used. Open Palisade’s @Risk and define the variables and possible outcomes and run Monte Carlo Analysis. The sensitivity analysis will allow you to identify which parameters on your estimate have the biggest effect on your total cost, and you can decide for your offered price based on its distribution Graph.

Step 1 CostOS Estimate	Step 2 Export to Excel	Step 3 Risk Analysis