How to Cut Estimating Costs in Half? 

Doing More with Less, Data Management Plan for Cost Estimators Saves Buckets of Time while Improving Team Engagement.

If you have been in construction for any length of time, you understand the criticality of winning profitable projects. How to successfully achieve estimating consistency can require decades of learning, refinement, and industry knowledge.

Modern Estimating Platforms are lifting Australian and New Zealand contractors to perform cost estimating in more efficient ways, allowing them to develop PreConstruction Data Management Plans that achieve reliable collaborate estimating systems to combat these uncertain times.

What is PreConstruction Data Management, how to develop and leverage your team’s estimating skills ?

Achieving a PreConstruction Platform achieves four key interests

1. Centralising ALL estimate data, plans, contacts and reports / proposals templates

2. Allows for access anytime, anywhere

3. Set specific roles and permissions

4. Speaks to Project Cost and Accounting Structures

How to Develop a PreConstruction Data Management Plan, what are the Advantages?

Creating a Data Management Plan starts by including important team members and selecting the right technology platform. Data Management Plans covers many areas, but importantly include the improved use and access of estimating cost data along with all in-progress, submitted and archived estimates in a single estimating platform.

By consolidating company PreConstruction information and aligning team platform permissions, company estimating data can confidently protected and trusted by all stakeholders. Done correctly workflows are optimised, connecting PreConstruction efforts to project delivery teams without transposing or rearranging cost data.

What data makes up a data management plan for Estimating Teams?

  • Centralising Cost Estimate and WBS Structures

  • Keeping Estimate Flexibility while Standardising Reports and Quote Templates

  • Setting Roles / Access, Sharing and De-Activation Policies

  • Automation and Workflow to assure correct Estimate Reviews

  • Cost Data Storage, Update Management, Preservation

Creating a Data Management Plan to optimise your company’s estimating efforts can be challenging. By including the right team members and aligning the right technical platform contractors can make a difficult initiative possible. Remembering, digital transformation is a multi-dimensional process that depends on people, celebrating incremental “small wins” progress, while following a strategic path of data use.

How to Cut Estimating Costs in Half?

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