The top priority of the Estimating process is arriving at the accurate Job Cost. In this era of increased competition, uncertain economy and tight profit margins, the better the accuracy margins, the more changes to be successful during the bidding process.
Most Construction companies use Estimating Software will handle Estimating mechanics like:
- Centralized estimate management
- Third party cost Items
- Historical work estimates
- Cost escalation factors over project life cycles
- Real-time cash flow analysis
- Detailed earned-value reporting
- Team collaboration
- Standardized best practices and much more.
But the use of Estimating Software is not enough to produce winning bids. In order to produce a good Estimate some of the following key items should be tracked:
- Job labor Costs
- Equipment, Material and Subcontractors cost
- Learning curves
- Estimated costs vs. Final Project costs
- Historical activity cost
Without the proper mechanisms to gather these Job Cost metrics and feed them back into the Estimating process, it will very difficult to guarantee close to 100% accuracy levels.
But the use of Estimating Software is not enough to produce winning bids. In order to produce a good Estimate some of the following key items should be tracked. vintage cross necklace , handmade ladies shoes , cute anklets , embroidery on leather bags , men's embroidered leather belts , jeans with belts , boots with attached belt , mens leather bracelet
ReplyDelete