Project Cost Management

Estimate

Overview

INEIGHT ESTIMATE

InEight Estimate sets the standard for accuracy, performance and multi-user collaboration throughout the entire estimating process.

  • Acclaimed for its flexibility and depth of features
  • InEight Estimate can be used to create top-down or bottom-up estimates for projects of any size

Features

Estimate With Confidence

CREATE TOP-DOWN CONCEPTUAL ESTIMATES

or detailed construction estimates including assemblies, crews and production rate

CREATE PROJECT-SPECIFIC VIEWS

of the estimate with unlimited WBS structures and user-defined roll-ups

INTEGRATES WITH SEVERAL TAKEOFF SOLUTIONS

to leverage data formulas and updates

STANDARDIZES ESTIMATING PROCESSES

using templates, rate libraries, norms and third-party cost databases

LINK ESTIMATES TO SCHEDULING TOOLS

such as P-6 or Microsoft Project for directional cost-schedule integration

Benchmark Estimates For Increased Accuracy

DRIVE CONFIDENCE WITH INSTANT VALIDATION

of estimates against past projects

EASILY ANALYZE HIGH, LOW AND AVERAGE UNIT COSTS

and productivity at the line item or cost code level

DEFINE COLOR-CODED CONFIDENCE RANGES

to ensure awareness of high-risk items compared with benchmarks

TURN HISTORICAL PROJECTS AND DATA POINTS ON AND OFF

to get the most relevant benchmarks

Sound Familiar?

Chief Estimator

We win or lose jobs during bid reviews. We have to able to defend our numbers and understand exactly where our risk is.

We need to be able to create different view of the estimate using alternative structures to effectively communicate to other stakeholders the information in our estimate.

Estimator

For our commercial building estimates, we need an easy way to pull quantities from onscreen take-off, or even 3D models, to feed our assemblies and parametric estimates.

We need to save time and increase accuracy, and quantify an estimate by importing takeoff quantities from takeoff software systems.

Cost Engineer

Early on, as we go through funding approval, we need to produce conceptual estimates based only on history and benchmarks, then add detail as the project’s design evolves.

Despite the limited information in the early stages of a project, we need our contractors to supply a conceptual estimate.