How to Choose the Best Construction Estimating Software
- Understand the Core Functions Needed. Different organizations address this matter in varying ways. ...
- Work with an Expert in Construction Software. This is a sure way to avoid getting a construction estimating software you don’t need. ...
- Questions to Ask When Looking for Software Solutions. ...
- The Best Construction Estimating Software. ...
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Why do general contractors need Cost Estimating software?
The Best Construction Estimating Software The ultimate construction estimating software should serve immediate construction needs in this area. It should be a system designed for the industry, intuitive and reasonable to operate. Most importantly, it should be sourced from a respected supplier in the industry with verifiable references.
- Understanding Construction Estimating
- Understanding Construction Estimating Software
- Construction Estimating Software Cost
- Finding The Best Construction Estimating Software
- The Best Construction Estimating Software
Construction estimating is part of the bid process, during which contractors and suppliers submit proposals, or bids, to project owners, offering to provide services or supplies for a construction project. These bids summarize the costs that the contractor / supplier expects to pay for the development of the structure or infrastructure. Typically, for large construction projects, companies and governments accept bids from many different contractors and then decide which contractor will perform the project. The process begins with the owner, or project sponsor, creating bid documents, which are collectively referred to as a bid package. This bid package summarizes key details about the project in order to give contractors all of the information they need to make accurate estimates and produce a proposed schedule and budget for the project. The documents generally include project blueprints, location / schedule constraints, insurance requirements, and other information. For privately...
To save time and money, contractors, subcontractors, and anyone who frequently makes cost estimates for projects or bids on construction contracts can use technology to manage the estimating and bidding process. This portion of the guide will provide an overview of this software and how it can be used in the bidding, estimating, and takeoff processes.
Construction estimating software is typically a very affordable piece of technology, especially compared to enterprise software solutions. These tools save significant time compared to manual methods of calculating and totalling costs of construction. Often, the pricing model will vary between software providers, but the cost is usually dependent on three key things: 1. Number of users– most companies typically charge a specified cost and multiply it by the number of users that will be sharing access to the product. 2. Features included– Typically many of the features that each company offers with their products are optional. The more features included in the deployment, the higher the cost of the tool. Not all companies have multiple versions of their product, however, so this won’t always be a factor in the final cost of the software. 3. Online vs. desktop deployment– On-premise products are those that are installed locally on the users desktop, or on a server owned by the busines...
Construction estimating software and companies differentiate themselves on a number of factors, including their company reputation, their product’s ease of use / access, the feature set, pricing, and more. Here we’ll cover the details of each factor that buyers should consider when comparing construction estimating software.
In our research, we consider the above criteria and make sure to only recommend products that are top of their class in each of these categories. Read on to see how the best estimating, takeoff, and bidding software compare in terms of functionality, pricing, customer service, and more.
Your selected estimating software should be specifically designed for the construction industry, be intuitive, easy or at least logical to operate and fundamentally, be provided by an industry respected provider with verifiable references and genuine track record for supply and support.
Sep 09, 2020 · Price: The construction estimating software costs $74.95. Best Practices In Construction Cost Estimating. So we know that construction cost estimating software has made things much easier, but it is still the responsibility of the cost estimator to ensure everything is okay.
- What Is Construction Estimating Software?
- Estimating Software For Improved Bidding and Job Cost Forecasting
- Advantages of Estimating Software Compared to Manual Estimating
- Constructing Estimating and Other Industry-Specific Options
- Examining Estimated Job Costs in Depth
- What Is Included with Construction Estimating Software?
- Taking The Next Step
Construction estimating software helps contractors estimate the costs of construction for a specific project. Estimates are created by calculating labor costs, material costs, subcontractor costs, and equipment costs, for the purpose of finding and submitting a bid price for a project. Consider to be a subset of construction management software, estimates generated via construction estimatingsoftware will turn into a construction contract and will lead into the management of the project itself. Engineers, architects, and construction managers will utilize cost estimating software in the construction field for overall bid management but also on any need to create a cost estimate. Beyond job cost estimation, construction estimating software can provide payment tracking, report generating, and building schedules.
Estimating software provides standard processes to build cost models for executing job-based work. It is used most commonly in the construction industry–but can also apply to other industries that conduct work on a project basis and need to determine likely costs of completing the work. Critical benefits provided by estimating software include: 1. Reduced labor costs by saving time spent on preparing job estimates 2. Improved ability to ensure project profitability by producing more reliable estimates using automated calculations and historical performance data 3. Higher bid win rates by turning around quotes to customers more efficiently 4. Lowered job costs through identification of cost control strategies such as more selective job selection, strategic sub-contracting, and alternative material/service sourcing
There are many advantages to utilizing software in the estimating process. Consider some of the capabilities of estimating software to: 1. Create Takeoffs. A capable estimating program allows you to easily use blueprints to identify the scope of the project. With the scope identified, you’re able to reverse engineer back to a parts list and more reliably create data-driven price estimates. The same process works in relation to labor costs. As you break a job into smaller sub-components, you’re able to more accurately project costs. 2. Create “what if” scenarios. Imagine you’re bidding on road construction. You have the measurements of the road but maybe you want to present your customer with a choice materials. A flexible program will help you create two different scenarios showing the cost of each, not just in labor and materials, but also maintenance over the life span. Or maybe you are remodeling a kitchen for a customer. The ability to quickly swap in and out different cabinet s...
Electricians, plumbers, many manufacturers, builders, and HVAC companies all deal with estimating on a daily basis. However, some of the elements of the estimating process can be different in each environment. A program written with your industry in mind can help shorten the learning curve for your company’s estimating software users.
A good estimating program will give you an analytical foundation to understand your costs in different areas within the job. Breaking down estimates and costs by sub-projects, physical areas or by other organizing units provides a wealth of info for understanding which job elements are driving the profit or loss on the project overall. Also, if you’re looking to identify payback, you may need to segment costs to track the resulting revenues. For instance, if you’re a builder looking to lease your own space, it’s typically an imperative to set up rates built on an understanding of what’s required for per unit cost recovery. So, you may want to track the cost of the overall project, by building, or by unit.
Very often it’s necessary to interface an estimating program with your accounting and job costing system. The ability to pass data related to the project will help you track your actuals to your estimated costs. In fact, there are major advantages to considering an estimating module as part of a full system–to ensure seamless integration. Whether you are looking for an add-on module or full ERP program, you can utilize our service to uncover the specific estimating packages best suited to your needs.
If you are looking to find estimating software options to consider, we can help. Through a brief phone call, our software specialists will look to better understand your business and software needs to help you locate a handful of solutions that can address the issues you are currently experiencing. Get started today!
Do you need help in choosing the best construction estimating software? Read this informative blog post and learn effective ways o make the right decision.
- Sage. Sage Estimating software is an ideal solution for construction companies, both large and small, providing the flexibility and power to expedite the process of estimating.
- Causeway. Causeway is built to help contractors reduce the traditional costs of tender inquiry by up to 50 percent and make the net value and costs more visible.
- Viewpoint for Estimating. Viewpoint for Estimating is a software designed for small and medium-sized contractors to leverage technology and eliminate cumbersome, costly and traditional planning approaches.
- HCSS HeavyBid. HCSS HeavyBid is an estimating and bidding software specifically designed to meet the needs of construction firms. It helps more than 35,000 estimators daily to create flexible estimates as well as manage bids efficiently.
Feb 24, 2016 · Selecting construction software starts way before researching specific vendors or calling up sales people. The first thing to determine is exactly what you need the solution to do . In general terms, you want the software to help you streamline your estimation process, increase accuracy and efficiency, and make more money while avoiding ...
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