EstiMate User Guide

Learn how to create risk-adjusted quotes that protect your profit margin.

Quick Start

  1. Create a new estimate - Tap the + button on the home screen
  2. Add your costs - Enter line items with their estimated costs
  3. Set risk levels - Mark uncertain items as Medium or High risk
  4. Run the analysis - Tap "Run Risk Analysis"
  5. Choose your quote - Pick P50, P80, or P90 based on your comfort level
  6. Export PDF - Send a professional quote to your customer

Understanding Risk Levels

Every cost estimate has uncertainty. EstiMate lets you quantify that uncertainty:

Risk Level Variance When to Use
Low ±10% Fixed prices, contracted rates, reliable suppliers
Medium ±25% Standard market prices, typical materials
High ±50% Volatile prices, uncertain scope, new suppliers
Tip: When in doubt, go higher. It's better to quote safely than to lose money on a job.

Project Setup

Basic Details

Job Duration

Job Complexity

This affects how much your duration estimate might vary:

Complexity Duration Variance Description
Routine ±10% Standard work with familiar scope
Moderate ±20% Some complexity, occasional unknowns
Complex ±35% Challenging work, multiple variables
Unknown Scope ±50% High uncertainty, scope may change

Travel Settings

Traffic Variability

Traffic Variance Description
Predictable ±10% Rural areas, off-peak times
Variable ±25% Suburban, mixed traffic
High Variability ±50% Urban areas, peak hours

Line Items

Add individual cost items for your project:

Tip: Break down large costs into smaller items. This gives you more control over risk levels and makes quotes easier to explain to customers.

Understanding Results

The Histogram

The chart shows the distribution of possible total costs from 10,000 simulations. The curve shows where costs are most likely to land.

Percentiles Explained

Percentile Meaning When to Use
P50 50% chance of coming in under Competitive bids where you're willing to take risk
P80 80% chance of profit Recommended for most quotes
P90 90% chance of profit High-stakes jobs, new clients, complex work
P95 95% chance of profit Maximum safety, fixed-price contracts

PDF Exports

Customer Quote

A clean, professional quote for your customer:

Detailed Estimate

A complete breakdown for your records:

Settings

Your Contact Details

Add your business information to appear on PDF quotes:

Currency & Region

Tap the flag/currency button on the home screen to change your region. This affects:

Tips for Better Estimates

  1. Be honest about uncertainty - If you're not sure, mark it as higher risk
  2. Include everything - Travel time, site visits, and small items add up
  3. Use P80 as your default - It balances competitiveness with safety
  4. Save your estimates - Build a history to improve future quotes
  5. Review before sending - Use the PDF preview to check your quote

Need Help?

Questions or feedback? Contact us at support@estimate-app.com