The Estimator is a tool that is part of a client’s Predict phase deliverable, and is used on an ongoing basis as a way to quickly estimate and price work, and create planned hours for project grid entries. Planned hours (aka ‘estimates’) are one of the outputs of your estimator, which you would put in your Project Grid as planned hours.

The Estimator tool is not necessarily a replacement for your internal estimation process, rather, a tool to surface key financial insights about estimates and to help structure those estimates in a way that is aligned to your agreed-upon data schema (which is defined in the Predict phase with Parakeeto).

The tool itself is “unsupported”, in that clients are welcome to modify it as you they see fit, since it’s not directly tied into the core reporting system that Optimize clients use. With that said, Parakeeto has limited involvement in the maintenance of said tool especially if clients start to customize it to their own liking.

**ℹ️** If you have any other questions on the topic, please don’t hesitate to reach out to your Parakeeto Account Manager so they’re able to give you the clarity you need!