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Construction-focused tools add stronger functionality, intuitive UI, and pre-built database capabilities that enable faster, more accurate, consistent estimates. They also integrate with scheduling and project tools and keep database pricing current through external services, improving communication during buyout and job cost 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much productivity improvement can construction-specific estimating solutions provide?","Question",{"text":63,"@type":64},"The document states that industry sources assess up to a 50% increase in productivity when using vertical (construction-specific) estimating solutions versus manual or generic spreadsheet methods.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"What are common drawbacks of using generic spreadsheet software for construction estimating?",{"text":68,"@type":64},"Drawbacks include underestimating projects due to overlooked items, significant time drain from building estimates line by line, risks of losing formulas when deleting items, difficulty with complex slicing and reporting, and the possibility of missing items leading to miscalculations.",{"name":70,"@type":61,"acceptedAnswer":71},"What benefits do construction-specific solutions add after the estimate is completed?",{"text":72,"@type":64},"They help automate further steps by integrating database details with other applications for scheduling and project tracking, sharing estimate details for buyout and PO generation, and keeping database pricing current via pricing services to reduce re-keying and improve accuracy and 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adopting a vertical (construction-specific) estimating solution versus manual or generic spreadsheet methods such as Microsoft Excel. Many statistics are touted in the industry, with some sources actually assessing up to a 50% increase in productivity.  \nRandy Pickard, project manager at Vandenberg Air Force Base, was a previous user of Excel who switched to a construction specific solution. According to Pickard,“What used to take us three days at a shot, sometimes a total of six days, we can do in under half a day now. That’s a big time savings.”  \nRead more: Link to the Vandenberg Air Force Base story  \nSome reasons for not using generic spreadsheet software include:  \n• You may seriously underestimate a project due to an overlooked, forgotten, or not properly quantified item.  \n• The “time drain” in building an estimate from scratch—one item at a time—is significant, and the need to maintain a number of Excel templates with up-to-date pricing and estimate details for specific types of projects is even more time intensive.  \n• When deleting an individual item from within your generic spreadsheet, you run the risk of an associated formula being lost or worse, no longer calculating properly.  \n• Too many steps or complex processes are involved for slicing and dicing, analyzing, and reporting on your estimate.  \n• Fearing that you were “low bidder” on a job due to miscalculations or worse yet, a missed item.  \nEven with productivity and improvements with respect to accuracy, construction-specific estimating solutions do present their own challenges. In this paper, we will raise the questions and discuss many of the associated pros and cons.  \nTime, Money, and Intuitive Functionality  \nOne advantage of using a generic spreadsheet for your cost estimates is the fact that they’re easy-to-use and intuitive. Unfortunately, simplicity often times comes hand-in-hand with limited capabilities.  \nMost construction-specific solutions provide more growth capacity and sophistication, but are perceived as difficult to use . Some of these solutions, however, offer the best of both worlds: an easy-to-use spreadsheet interface, backed by a powerful database for added flexibility and integration with other applications.  \nSpreadsheet familiarity  \nA recognizable spreadsheet user interface (UI) means an instant comfort level and a shorter learning curve. And with some systems, the UI can be easily customized for each user and/or use, then easily recalled with only a few simple mouse-clicks.  \nOne of the problems of using a generic spreadsheet for construction estimating is the fact that you have to type each line item in manually; unless of course, you’ve created a number of standard templates to use for specific project types. Unfortunately, this approach only multiplies the risks of potential data entry errors, omissions, transposed numbers, and outdated pricing. When using a construction-specific estimating solution, you simply populate your spreadsheet by pulling items or groups of items directly from your database. The database not only stores the items and assemblies but pricing, productivity factors, formulas, and more.  \nDatabase power  \nThe thought of building a database can be formidable. But remember, making a database yours doesn’t mean you have to build it from scratch.  \nConstruction-Specific Estimating Solutions  \nIn fact, there are solutions that support industry-specific, pre-built databases with a kind of “do it yourself” approach to fine-tuning and further customization. A cost engineer with a large industrial gases supplier relies heavily on assemblies for his estimate generation and has this to say about his experience of customizing his database for use with his construction-specific solution.  \nJim Hills, a cos","cbCaiung7I5u2peF","https://ap.wps.com/l/cbCaiung7I5u2peF","pdf",241869,6,"English","# Introduction\n## Time, Money, and Intuitive Functionality\n## Spreadsheet familiarity\n## Database power\n## The advantages of integration","[{\"question\":\"How much productivity improvement can construction-specific estimating solutions provide?\",\"answer\":\"The document states that industry sources assess up to a 50% increase in productivity when using vertical (construction-specific) estimating solutions versus manual or generic spreadsheet methods.\"},{\"question\":\"What are common drawbacks of using generic spreadsheet software for construction estimating?\",\"answer\":\"Drawbacks include underestimating projects due to overlooked items, significant time drain from building estimates line by line, risks of losing formulas when deleting items, difficulty with complex slicing and reporting, and the possibility of missing items leading to miscalculations.\"},{\"question\":\"What benefits do construction-specific solutions add after the estimate is completed?\",\"answer\":\"They help automate further steps by integrating database details with other applications for scheduling and project tracking, sharing estimate details for buyout and PO generation, and keeping database pricing current via pricing services to reduce re-keying and improve accuracy and communication.\"}]","Advantages of Construction-Specific Estimating Solutions vs Generic Spreadsheet Applications - Pros and Cons | PDF",1789273009]