Capture Project Estimating Experience with Modelogix

 

So many times we’re racing, racing, racing when a new bid is due. In the rush to get everything completed, we divide up the work and everyone pours over their section of the project, calling on assumptions made in disparate spreadsheets, recalling good and bad experiences alike with different subs, and dialing up years of experience in the market. As the deadline looms, we stitch the pieces together and organize the estimate. If we’re lucky, there’s time to spot check it.

 

Then the ultimate waiting game ensues: did we miss anything? Tick tock. Did we forget to…? Tick tock. Who double-checked the…? Tick tock.

 

What if we proposed a different way of approaching each new estimate? Would you be game?

 

What if we captured all the rich experiences you and your team have had over the past twenty years? What if we organized all your past projects – where you nailed it, and where your assumptions missed the mark? Would it help your team if you could create a composite estimate based on all similar past projects your firm has delivered?

 

That’s exactly what we’re proposing with Modelogix – the missing link between your past projects and your new bids. Come see it for yourself on the next Fridays with Trimble webinar.

 

Who: 

The Team from Trimble Buildings

What

A Better Way to Prepare Your Bids

When:

Archived for your convenience

Where

A free online webinar

Why:

Learn how to draw on past project experiences to create tighter bids

How:

Use the form at the bottom of the page to download the archived webinar

 

Your firm has a wealth of estimating experience. Add it up. Is it 60+ or even 80+ years of combined experience? And that’s just your regional office. Harness that competitive advantage with Modelogix.

 

Using your own treasure-trove of past-project data, your estimators can create new cost models for feasibility budgets, benchmark new estimates and identify pricing variances, and even sanity-check a new budget to ensure that all scope is covered. By better understanding cost variances, your estimators can better identify project risk, suggest value engineering ideas, and even present multiple options to the Owner. And in bid situations, creating these helpful options illustrate your firm's knowledge, experience, and partnering capabilities.

 

Here’s how it works:

  1. First Modelogix organizes your key past projects into a searchable database. And it doesn’t matter if those estimates are in WinEst, MC2, Timberline, or even Excel – we can map the correct fields and values. Now you have a state-wide, nation-wide, world-wide project portfolio that you can cull according to any number and combination of attributes. Imagine having the power to say, “Show me all the hospital projects we’ve completed over the last fifteen years with more than four hundred beds.”
  2. Secondly, Modelogix normalizes project data for geographic cost variances and even inflation. This means that every project is relevant and every project has valuable nuggets to learn from. And the coolest part is that we finally have a way to compare apples to apples to apples no matter the materials, labor, and equipment costs per region.
  3. The third step is to compare your new estimate to the costs from these similar past projects. Make certain all the scope is covered, check for variance, run your quality assurance protocol, not a random spot check.
  4. And finally, create compelling reports that Owners appreciate. What better way to illustrate your firm’s real-world experience than to create side-by-side comparisons of similar projects, complete with easy-to-read charts and graphs, all with your firm’s branding elements built right in?

 

This webinar is a must-see for your team if you’re looking to:

  A. Find a way to bid on more opportunities;
  B. Capture the experience of your team without relying on strings of cell formulae that
       may or may not have been broken five years ago;
  C. Find a way to work smarter and use the collective brain of your department, while
       still harnessing individual expertise;
  D. Learn from each project experience as a matter of course without a forensics team.

 

Consider the thrill each new estimate would bring to your team, honing in closer and closer to the target mark…instead of the dreaded tick 

 

Who: 

The Team from Trimble Buildings

What

A Better Way to Prepare Your Bids

When:

Archived for your convenience

Where

A free online webinar

Why:

Learn how to draw on past project experiences to create tighter bids

How:

Use the form at the bottom of the page to download the archived webinar

 

Even if you can’t make the designated date/time, take five minutes to register for the webinar now and you’ll automatically receive the link to watch the recorded webinar.

 

After you've downloaded the Modelogix webinar using the form at the bottom of the page, consider coming back for these resources:

 

Webinar: Adding Modelogix to Your Estimating Arsenal

Video Blog: Harnessing the Estimating IP in Your Firm

Webpage: All about Modelogix

FAQs: Frequently-Asked Questions about Modelogix

 

Learn from your peers, with your peers, on Fridays with Trimble!

 

 

System Requirements
PC-based attendees:
Windows® 2000, XP Home, XP Pro, 2003 Server, Vista
 
Macintosh®-based attendees:
Mac OS® X 10.4 (Tiger®) or newer

 

 

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Modelogix to Consolidate Project Experience