An Evaluation of the Automated Cost Estimating Integrated Tools (ACEIT) System

The purpose of this study was to evaluate the Automated Cost Estimating Integrated Tools ACEIT System and answer investigative questions in reference to the systems effectiveness. The results were 1 ACEIT is very user- friendly and does not require extensive training although training should be available for those that desire or need it. 2 Since ACEIT is not an expert system, some cost estimating expertise is required to generate accurate cost estimates. 3 Sample data sets run through the ACEIT Statistical Package and SAS produced comparable estimates and statistics for learning curve, linear and log-linear regressions. 4 ACEITs major benefit, being able to fill its databanks with organization specific work breakdown structures, data, and cost estimating relationships, may also be its major potential pitfall. Each organization using ACEIT must ensure quality control of its own unique databank. 5 A brief ACEIT introduction given to AFIT students indicated the system can be quickly and effectively introduced.