EstiMate User Guide
Learn how to create risk-adjusted quotes that protect your profit margin.
Quick Start
- Create a new estimate - Tap the + button on the home screen
- Add your costs - Enter line items with their estimated costs
- Set risk levels - Mark uncertain items as Medium or High risk
- Run the analysis - Tap "Run Risk Analysis"
- Choose your quote - Pick P50, P80, or P90 based on your comfort level
- 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
- Project Name - A name to identify this estimate
- Client Name - Optional, appears on PDF quotes
- Profit Margin - Your markup percentage (default 20%)
Job Duration
- Estimated Days - How long you expect the job to take
- Hourly Rate - Your labor rate per hour
- Hours per Day - Working hours per day (default 8)
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
- Travel Time - One-way travel time in minutes
- Include Return Trip - Toggle for round-trip calculations
- Site Visits - Number of trips (leave at 0 for auto-calculation based on duration)
- Distance & Mileage Rate - For vehicle cost reimbursement
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:
- Item Name - Description of the cost
- Cost - Your estimated cost
- Type - Category (Material, Labor, Equipment, Other)
- Risk Level - How certain you are about this cost
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:
- Shows aggregated costs by category (Materials, Labor, Travel)
- No risk levels or Monte Carlo jargon
- Profit margin folded into costs (not shown separately)
- Includes terms and conditions
Detailed Estimate
A complete breakdown for your records:
- Full line item list with risk levels
- Profit margin shown separately
- Monte Carlo simulation results
- All percentile values
Settings
Your Contact Details
Add your business information to appear on PDF quotes:
- Company Name
- Your Name
- Phone Number
- Email Address
- Business Address
Currency & Region
Tap the flag/currency button on the home screen to change your region. This affects:
- Currency symbol and formatting
- Auto-detected from your device on first launch
Tips for Better Estimates
- Be honest about uncertainty - If you're not sure, mark it as higher risk
- Include everything - Travel time, site visits, and small items add up
- Use P80 as your default - It balances competitiveness with safety
- Save your estimates - Build a history to improve future quotes
- Review before sending - Use the PDF preview to check your quote
Need Help?
Questions or feedback? Contact us at support@estimate-app.com