Useful Tools Software has created the Dollar Risk© application to provide project managers and other contract professionals with a useful tool to evaluate bids for their projects.
Using an interview technique, the program gathers technical merit and cost information that is incorporated into a statistical function that yields a dollar value at risk for accepting a given bid for a project.
A Dollar Risk Report details the amount of the contract bid considered at-risk, and specifies factors contributing to the level of the dollars at-risk. A confidence level is reported based on the level of detail provided by the user.
Our goal is to provide our users with cost-effective tools which will enable more complete and more accurate contract risk valuation. We value your input and expect to include user-suggested enhancements in future versions of the software.
Contact us to receive a demo version of the software. |
