Construction estimating software uses spreadsheets, digital blueprints, digital project drawings and more to help estimate the full cost of a project.Ĭonstruction estimating software is important because competitive, yet accurate, bids are what help project managers win bids while also meeting expectations in the construction industry and maintaining their firm’s reputation.Ĭonstruction estimating is not only used during the bidding process – it can be used during the project as well to update any changes in the project plan or expected cost.
This includes every cost from the beginning stages to the final project launch. What is Construction Estimating Software?Ĭonstruction estimating software is a collection of programs that enables construction professionals to estimate the total cost of a project. Takeoff and estimating software are valuable tools, and it’s important to take time fully understand what this vertical-specific software can do – and what users are saying about the different solutions they use. These software solutions allow professionals to use digital designs to analyze which materials they need and how much their total costs will be. To help save time and make the most accurate bids, engineering and construction managers use takeoff and estimating software. Otherwise, project managers run the risk of leaving owners and subcontractors with unmet expectations, or increased costs. Once they begin work on a project, it’s in everyone’s best interest to have an estimate that’s as accurate as possible. To win a contract, project managers need to know every cost that will make up the bid they offer investors. Every single PVC pipe, piece of sheet metal, and light bulb needs to be accounted for. The construction industry is a field with steep competition that demands attention to detail.