Let’s face it, times are changing. As technology continues to become more advanced, the way in which we conduct business is inevitably going to be different. But all changes are not necessarily bad; in the estimating world, those willing to adapt will have a greater advantage and ultimately dominate their industry.
Below are the top 5 changes that HD has created in the estimating software environment:
- Out with the Old and in with the New!
Modern project management was said to begin in the early 1950’s – the simple time in life. There were no cell phones, PDA’s or even computers; however, there was the good ole’ pen and paper. Could you imagine estimating with pen and paper? It is hard to think that was reality before the invention of computers. Nowadays, the most common tool that estimators use to plan and manage estimates is spreadsheets. Many found it difficult to adjust to the complicated formulas and endless data, but spreadsheets have evolved to become an effective estimating tool making it easier to organize. With competition as fierce as ever, spreadsheets are beginning to be as good as pen and paper. The latest solution: HD estimating software. Companies have found that using such a software solution is the best way to simplify estimating and get the most out of a project. - Predict the Future
History repeats itself, and the same is true in estimation. Although jobs change on a regular basis, the concept of putting them together is the same. HD estimating software makes it possible to see the future through the eyes of past projects. With a detailed project cost and resource library, putting together an unbeatable estimate is not only easy but accurate. - Collaboration is Everything
Estimating has transitioned to become a team sport. More and more people have their hand in putting together a bid, making organization a vital part of the process. With HD estimating software, Multi-user functionality allows project members to update the information from anywhere in real-time. This capability revolutionizes the estimating world because the ability to collaborate is smart, cost efficient, and productive. - Stop Guessing, Use Real Numbers
Estimating is no longer an educated guess; it can be a well-crafted and a realistic project outline. HD estimating is packed with continuously updated resource catalogs, loaded with thousands of actual costs and data from Richardson or RSMeans. This means that you can now see what the project will cost, which creates an intelligent budget and higher profit margins. - Time is Money
The great Benjamin Franklin once said, “Lost time is never found again.” This statement is simple yet true; the more time you spend on crafting the basics of an estimate, the less time you have to focus on the details. As we all know, one of the key foundations of winning a bid are the details. With HD estimating software, managers cut out the basics like pouring through resource sheets and old estimates, instead they have everything a click away in a centralized view. HD allows for a quick and accurate turnaround saving both time and money.
There you have it, 5 easy ways that the HD solution is changing the market space. If you take advantage of these intuitive concepts, your estimating experience will be heightened and more enjoyable. This is the future, and estimators worldwide have already had great success with this new age approach – will you be next?
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Tags: Estimating Software
