ACE is the estimating portion and heart of the ACEIT application suite. ACE is a model building tool consisting of a structured format for analysts to quickly structure their cost estimate and a calculation engine to quickly process the information. A predictive cost modeling tool, to prepare Life Cycle Cost Estimates for Weapon Systems. The ACEIT Model can respond to “what-if” excursions, estimating future costs based on a given scenario. This is government-developed software.
ACEIT is an automated framework for cost estimating and other analysis tasks. This tool is used to standardize and simplify LCC estimating. ACEIT is a generic, flexible, Windows-based system which consists of several software tools for the cost estimating community. Core features include a database to store technical and normalized cost data, statistical package to facilitate cost estimating relationship development and a spreadsheet that promotes structured model development. It also has built-in inflation, learning, time phasing, sensitivity, risk and other analysis capabilities.
