As almost everything in life, Rabio is having a history behind it. Before Rabio even existed as an idea, there were many years of experience on software projects using the cost breakdown structure (CBS).
It all started more than 20 years ago while working on software projects powered by Oracle databases and utilities that were operated by the public sector of Greek State especially for cost control services of Greek Financial Ministry. The common structure behind all applications was the extended use of CBS that was giving clean results using Cost Centers and Cost Categories.
The new working environment on Olympia JV, a Joint Venture of Hochtief AG and AKTOR, gave new opportunities in software development with extended use of CBS in almost everything regarding the cost control operations.
The experienced management of Olympia JV was always working on cost control procedures using CBS in order to keep accurate control on budget, earned value, projection, forecast in a very complicated project.
CostTools.eu was developed to cover a wide range of Cost Control Reporting in Construction Projects. Using a powerful database backend it was created for direct use on cost control departments of construction projects. Using extended CBS can easily be integrated on construction projects covering:
- Construction Budgeting
- Cost Control Reporting
- Time Keep Control
- Equipment Cost Management
- Procurement & Store
This specialized cost control software was installed in various projects:
- Maliakos Kleidi Highway – Greece Olympia JV (Hochtief – AKTOR)
- Elefsina-Korinthos-Patra Highway – Greece Olympia JV (Hochtief – AKTOR)
- Queensferry Crossing Bridge (Edinburgh – Scotland)
- Construction of Hydroelectric Dam (Constructora Nuevo Maipo) Chile
- Gold Line Metro (Doha – Qatar)
- ISF Construction (AKTOR – AL JABER ENGINEERING Joint Venture)
Without doubt, CostTools.eu gave a lot to the idea of creating a simple, clean and easy software system using the CBS. This system could be used as an open-source solution for budgeting, cost control, store management, equipment cost management, personal finance or even data processing systems.
The accumulated experience of more than 20 years of work using extended CBS on various financial software projects helped in developing Rabio as an open-source solution. Rabio is based on open source tools like PHP and MariaDB and new hi-tech developing tools like Bootstrap and ChartJS.
Now Rabio is available to download for free and anybody can found on it’s dedicated page on SourceForge.