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“Closing the Loop” – Your Company’s Cost History is their Intellectual Property Steve Watt I Segment Manager - Estimating ADVANCING BUILDING ESTIMATION - 2017
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“Closing the Loop” – Your Company’s Cost History is their ...advancing-building-estimation.com/wp-content/uploads/sites/173/... · “Closing the Loop” – Your Company’s

Jul 18, 2018

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Page 1: “Closing the Loop” – Your Company’s Cost History is their ...advancing-building-estimation.com/wp-content/uploads/sites/173/... · “Closing the Loop” – Your Company’s

“Closing the Loop” – Your Company’s Cost History is their Intellectual Property

Steve Watt I Segment Manager - Estimating

ADVANCING BUILDING ESTIMATION - 2017

Page 2: “Closing the Loop” – Your Company’s Cost History is their ...advancing-building-estimation.com/wp-content/uploads/sites/173/... · “Closing the Loop” – Your Company’s

“Closing the Loop” for Continuous Improvement

An AEC firm’s cost history is their IP (intellectual property)

What’s your company’s annual investment in both creating estimates and managing the construction phase of your projects? Are you using the lessons learned on those projects to more quickly and accurately respond to future opportunities?

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The Lifecyle of Money

Concept Estimate

Detailed Estimate

Job Cost Budgets

Actual Costs

Feasibility Budget

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Feasibility Budget

Back

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Initial Concept Estimate

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Detailed GMP Estimate

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Project Budgets Created in Prolog

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Actual Costs Available for Next Feasibility Budget

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Steve Watt

Market Segment Manager – Estimating

Trimble, Inc.

[email protected]

Phone: 253.347.8909

Questions?