- #Excel based construction takeoff software update
- #Excel based construction takeoff software software
- #Excel based construction takeoff software series
- #Excel based construction takeoff software windows
A few new ideas here and a few there may mean understanding the project better and trimming estimating costs which may in turn mean a winning and profitable bid as opposed to a disappointing loss.Every good estimate starts with a method of quantity takeoff. It’s allright to consult a project manager, an engineer, a field superintendent and even a simple workman. This is where good estimating and estimator’s judgement to a large degree comes into play. When preparing a bid level estimate, care must be taken to identify not only labor and material cost items shown on the plans, but also labor and cost items that may not be reflected on the plans. Use sound estimator’s judgement and keep an open mind and ear In general, it is not recommended to trim bid figures from overhead and profit since they represent the long term viability of an ongoing business concern.ĥ. To arrive at these figures, not only the company cost structure and records must be thoroughly analyzed but also competition must be evaluated. Considering the general description of profit as being the return for taking a risk, it’s essential that it has to be a calculated risk. In order to achieve optimal overhead and profit applications, item 3 above has to be completed so that risk factors are established and evaluated. Determine appropriate Overhead and Profit rates These, in turn, become the ammunition of choice for the estimating department so that they can come up with an estimate that is not only sufficiently low but also profitable for the company.Ĥ. Once the main parameters are established, the middle management in collaboration within departments may detail out the analysis and attach workable numbers. Typically, they have the background experience not just within the company but with other companies and industries vis-à-vis competition. This is where the upper echelons of management should participate to an extensive degree. Evaluate your strength and weakness and establish comparative advantage
#Excel based construction takeoff software update
Remember, such data is not static, but changing in time and periodic review and update is a must.ģ. Even outside labor consultants may be hired to reach cost data to be incorporated in estimates. A cost engineer or asset manager may very well team up with the comptroller, accountant, field superintendent, project manager, purchasing manager even corporate lawyer. Understand your resources and their cost to you – material suppliers, labor force, subcontractors, construction equipment, indirect costs, management.Įasier said than done, this requires a thorough analysis of costs. Or, it could be due to a more serious reason such as lack of experience in conceptualizing the work to be performed in the field.Ģ. It could be due to a misinterpretation of the scope based on an ambiguous statement or comment. This may be due to absolutely mundane reasons such as missing drawings, details or specs. It's all too easy to miss out identifying items of work in the project. A good estimate must start with a complete understanding of scope of work followed by an accurate quantity takeoff.
#Excel based construction takeoff software series
How-To Series Five Common-Sense Rules of Successful Cost Estimatingġ.
GeneralCOST Estimator Video Tutorial on YouTube: Tutorial and Screens Construction Estimating
Microsoft Excel 2000-21, Office 365 desktop (32-bit or 64-bit MS Office installation)
#Excel based construction takeoff software windows
System Requirements for GeneralCOST Estimatorĭesktop or laptop computer running under Windows Win7/Win8/Win10
#Excel based construction takeoff software software
Step-by-Step Tutorial for easy and fast learning of business software Summary and Detail reports including Price Quotation and Bill of MaterialĪutomatically inserts your company logo to Quotation report Modifiable overhead and profit applicationsĬity index selection for localized cost adjustment Works with 32-bit and 64-bit installations of MS OfficeĬost data includes standard CSI 16 division cost categories Key Benefits of Construction EstimatingĬonvenient MS Excel spreadsheet based contractor cost estimatingĬustomizable, flexible, built-in unit cost data Use our general contractor estimating software to create your cost estimate and print reports, all tied to a convenient menu. Designed for MS Excel spreadsheet format and improving on its capabilities, GeneralCOST Estimator is contained completely within an Excel file with several worksheets.
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