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Project Cost Management

"The electronic timesheets have given us the ability to see exactly where we are on labor and equipment every day in black and white."

ENR Top 400 Contractor

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  Creating Cost Estimates

Create and manage estimates faster and with better accuracy confidence with Hard Dollars estimate builder. Estimate features include:centralized estimate management, access to over 250,000 live third party cost items as well as historical estimate work, cost escalation factors over project life cycles, real-time cash flow analysis and earned value, team collaboration, and long-term estimating processes to simplify estimating activities across the company.

Confident Bid/No Bid Decisions

Transform your business with better decisions. Quickly determine whether or not to spend time preparing a proposal, based on comparing costs to engineering estimates. Factor competitive market conditions, available cash flow, productivity fluctuations, and other critical data.

Fast Estimate Setup

Create new estimates with cost libraries that contain over 250,000+ third party updated data sources and existing historical estimates. Automatically fill new estimates with "standard" data to save time. Create multiple levels of detail, without limitation. Produce detailed costs based on crew productivity. Quickly produce "conceptual" estimates and preliminary budgets adding dynamic detail as it becomes available.

Estimate Template

Industry-specific templates get your projects started quickly - templates include individual activities, complete with crews, production assumptions, and materials requirements. Templates include: energy, process, plant, AEC, construction, heavy civil, mining, utilities, including concrete, bridge work, environmental, underground utilities, paving & earthwork, and more.

Flexible Estimate Creation

Utilize multiple estimating methods including Historical Analysis, Crew Productivity, Resource Availability and Assembly Base. Apply multiple estimating techniques depending on the project including historical analysis of prior like job types, crew productivity history and expertise, resource availability and assembly basis allowing you to create estimates that match how you manage your projects.

Make Bid and No-Bid Decisions

Analysis reporting allows at-a-glance estimate summaries in order to make bid/no-bid decisions. Analyze available cash flow, view bid success rates and corresponding costs, view summary information about estimate cost and timelines, and potential revenue.

Historic Job Costing

Utilize side-by-side project comparisons, at the line item level. Save time sifting through reports to find relevant historical data, by selecting similar projects and compare them in seconds. Utilize prior job history to create accurate estimates, generate preliminary budgets, and compare subcontractor and vendor bids with little time and effort.

The AEC industry has recognized Richardson’s data as being the most complete cost standards for Chemical Plants, Manufacturing Facilities, Solid Processing, and Water Treatment Plants. WinEst customers now have access to over 190,000 Richardson line items.

Take-Off Analysis

Speed up estimating with pre built Take-Off analysis templates that include, Haul Cost, Production Rate, Asphalt Mix, Bridge, Water, Excavation, Asphalt Lay, Mobilization, Pipe, Aggregate Pit, Box Culvert, Structural Concrete Calculators.

Unlimited Cost Structures

Create cost breakdown structures with unlimited levels of detail to model jobs and provide a head start for project management. Create unlimited cost items, and the ability to move costs within a job or between jobs with drag and drop ease.

Solicit Quotes

Send Quote requests to all or select vendors by email or fax. Include an unlimited number of resources and cost items for each RFQ. Compare quoted values to Plug and Detail values to make informed decisions. Determine the best combination of quotes to use in an estimate. Streamline the process of sending out quotes, while developing a powerful comparison matrix to select the best quotes received while demonstrating due diligence.

Compare Subcontractors

Make "apple to apple" subcontractor comparisons, including mis-matched quote packages, split / no-split criteria and subcontractor / vendor conditions when selecting your best combination of subs and vendors for a project.

Cash Flow Analysis

View expected cash flow across all projects, dynamically link estimates, work plans, and schedules to display expected cash flow, as well as "what if" analysis.

Flexible Pricing and Overhead Allocation

Spread markup and overhead numerous ways, handle last minute changes and manipulate pay item prices to pay items quickly. Add direct and indirect overhead, cost escalations, and profit calculations to projects. Gain complete control over how dollars are allocated back to each individual line item.

Data Warehousing

Project information serves as a re-usable resource to reduce time and expenses. Data warehousing also provides a training tool to new team members by shortening training time. Shared data eliminates guesswork and creates repeatable processes within the organization.

Universal Cost Changes

Making changes is simple, whether you are affecting one item, a section of the estimate, or the entire estimate. A single entry for updated fuel costs can dynamically change each of the corresponding activities that uses that component.

Bond Cost Calculations

Easily calculate Bond costs with user defined layer limit tables.

Repeatable Processes

Develop best practice bid processes that enable consistent, repeatable cost estimates without replicating work, while staying on target with winning processes. Standardize data, based on unique industry processes. Utilize standard job components including crews, materials and production rates to quickly setup jobs, saving valuable time.

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