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EstimaX
is a generic project estimating system designed around methods used for
large construction projects although it is applicable in any organisation
for jobs of any size. The system also includes extra efficiency features
when using QuantimaX for projects involving extensive fabrication
of piping.
The
system is designed to:
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Reduce
estimating time & costs |
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Increase
estimating accuracy |
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Increase
confidence in estimate accuracy |
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Increase
tendering success rate |
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Increase
the overall efficiency of an organisation's knowledge management
warehouse by incorporating configurable information interface
facilities. |
EstimaX
is used to build project estimates with work or material items structured
in sections and sub-sections. Items are entered at "cost" rates
and then standardised, uplift percentages are applied relevant to the type
of item to calculate basic "sale" rates. Allowances can be
applied to add "pad" quantities and further mark-up adjustments
may be applied at the various levels in the estimate and all the totals
are immediately recalculated and displayed. A lump sum addition or
reduction (discount) can also be applied to an Estimate.
When
the estimate information has been compiled, EstimaX can produce a
professional, itemised tender submission document including your quoted
prices with any qualification notes and, if required, it is
straightforward to transfer data in electronic format for loading into
other systems. A number of standard reports are incorporated; one of these
is a "management", working document for a hard copy check of the
estimate showing basic costs as well as quoted prices together with
details of any pad and mark-up enhancements applied.
EstimaX
features the ability to pre-build standardised groups of items referred to
as a "spread" that may easily be copied in as an estimate item.
An example of using a "spread" may be the daily cost for a work
boat where individual rates can be entered for each of the crew, the
various equipment hire /rental costs and consumables. Standardised basic
uplift percentages are applied to items and the system calculates the
total for the "spread" to give a daily cost rate and daily
selling rate for the vessel. In a similar manner, frequently repeated sets
of work activities can be built up as standard spreads to give a rate for
any relevant unit of measure. There is no limit to the use of the spread
features in construction, manufacturing, services; in fact any business
sector needing to tender / bid for jobs or to establish sound estimated
budgets for in-house projects.
A
"price" catalogue is included as an integral component in
EstimaX allowing items to be priced very quickly, easily and consistently.
The price catalogues are simple to maintain with item prices being applied
according to time period validity. Facilities are included so that
information can be loaded from other sources to maintain any number of
price sets as may be appropriate and can encompass labour, hire/rental and
materials. The prices are maintained in your "base" working
currency and, with the simple maintenance of the exchange rate tables,
estimates can be compiled in any currency and conversions are fully
automated.
Functions are included to
import estimate information and a framework is provided to automate a lot
of the work involved in estimates for very large construction projects.
For example, it is quite straightforward to import basic Bill of Material
lists from drawing takeoffs, obtain the purchase prices and then generate
items with cost / sale rates.
EstimaX is
designed to operate as a modular component within existing company
systems and, most significantly, to apply item cost allocation to the
normal company cost codes. Features are included to allow controlled
synchronisation of cost codes with standard chart of account tables.
"Classification",
"type" and user definable references can be applied to enable
data analysis. They are included with other criteria on list selection
facilities allowing rapid access to information.
Additional time saving
features are included, with automated data imports, when incorporated with
QuantimaX, a MatriX component used for material quantity
takeoff including the application of work "norms" to generate
activity man-hours and costs.
For successful tenders,
there is the capability to generate information to establish budgets in a
project control system. Also, an option is provided that can enable
"actual" data to be imported back into the system so that the
original estimate accuracy can be monitored for the project, sections,
sub-sections and items.
In common with all the MatriX
modules, there are numerous features enabling deployment in any size of
organisation and maximising efficiency, such as:
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Rapid access to
information is enabled through 'selector' windows, applying
criteria that includes standardised and user-definable
classifications |
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Copy / Paste facilities increase
efficiency e.g. copying of previous estimates · Multiple
companies in an organisation are supported |
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Bids can be
created in any currency and rate conversions are automated |
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Hours and weights
can be monitored (weight conversions are automated) |
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Cost codes can be
formatted to match any ledger style |
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System Security
is an important feature, managed effectively and easily |
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On-line listings
can be grouped, sorted, exported (as XLS, CSV, XML or HTML) and
printed |
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Various inquiries
and reports are provided |
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"Workflow"
operation gives fast access to the most-used next window |
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The database is
designed to integrate easily into any organisation's knowledge
management suite |
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A comprehensive
system guide is available on-line and as hard copy |
EstimaX
is a particularly easy system to use cutting the time and cost involved in
estimating. It offers the ability to gain a competitive advantage to give
a better chance of tender success and provides very good control of
mark-up margins. EstimaX allows you to prepare tenders with maximum
efficiency and then sleep nights while your competitors are still
crunching numbers.
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