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Cindy L. Menches, Ph.D., P.E. Stephen M. Kleps, P.E. Illinois Institute of Technology BEST PRACTICES AND BENEFITS OF ESTIMATING TECHNIQUES AND TECHNOLOGY.

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Presentation on theme: "Cindy L. Menches, Ph.D., P.E. Stephen M. Kleps, P.E. Illinois Institute of Technology BEST PRACTICES AND BENEFITS OF ESTIMATING TECHNIQUES AND TECHNOLOGY."— Presentation transcript:

1 Cindy L. Menches, Ph.D., P.E. Stephen M. Kleps, P.E. Illinois Institute of Technology BEST PRACTICES AND BENEFITS OF ESTIMATING TECHNIQUES AND TECHNOLOGY

2 1.Review of estimating methods: Manual, on-screen, CAD-based 2.The current estimating landscape (i.e., whos doing what) 3.Migrating to CAD-based estimating: Benefits and challenges 4.Obstacles to adopting CAD-based estimating methods 5.Best practices (…of all three estimating methods) 6.Case studies: Manual, on-screen, CAD-based estimating WHATS IN THE BEST PRACTICE GUIDE 2

3 3 THE ESTIMATING LANDSCAPE

4 For PDF and CAD-Based estimating software: 1.Potential time savings…but will vary with the method 2.Potential for greater accuracy…and organization 3.Younger estimators are comfortable with technology 4.Great presentation value for clients 5.Its an extra tool in the estimating toolbox 4 SUBJECTIVELY EXPERIENCED BENEFITS

5 For PDF and CAD-Based Estimating Software: 1.Cost for hardware, software, and training 2.Skepticism about the magnitude of benefits 3.Concerns about obsolescence 4.Misconceptions about integration with existing system 5 OBSTACLES TO TECHNOLOGY ADOPTION

6 1.Difficulty in obtaining native CAD files 2.Incompatible CAD files 3.The estimator must know CAD 6 OBSTACLES TO TECHNOLOGY ADOPTION For CAD-Based Estimating Software:

7 1.Vary the method to optimize time versus accuracy 2.Estimators are more satisfied (and perform better) when they can choose their own method 3.Begin with one or two licenses 7 BEST PRACTICES Just a few…for more, review the guide

8 4.Clean up CAD files first to maximize efficiency 5.Utilize the automatic quantity updating feature 6.Venture into PDF or CAD-based estimating to add more tools for estimators to use 8 BEST PRACTICES

9 Cindy L. Menches, Ph.D., P.E.; Stephen M. Kleps, P.E.; 9 FOR MORE INFORMATION


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