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Nick Papadopoulos

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Big Data: How to Leverage Estimating’s Data Explosion

Posted by Nick Papadopoulos on Jul 11, 2017 10:42:00 AM

Construction estimating is on the verge of a data explosion. As virtual design and construction methods increase in use, preconstruction teams are dealing with tens to hundreds of estimate iterations depending on a project’s size. Estimators need to find an effective way to organize, manage, and control that information. And they need to leverage it to make better decisions and forecasts.

Even more traditional estimating teams are dealing with an excessive number of project changes that require quick feedback on the cost impact of each design modification. With local, network, and cloud data storage now readily available and cost effective, there’s no longer any reason not to capture data that can help provide faster, more reliable cost feedback.

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Topics: Cost Estimator, Sage Estimating, Sage Timberline, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Sage CRE, Sage 300, BIM Integration, Building Information Modeling, Sage Construction and Real Estate

They Never Forget the First Number

Posted by Nick Papadopoulos on Apr 4, 2017 11:17:00 AM

Let’s face it. We are all biased. Bias stems from our past and our current environment. It influences our future. Bias shapes the way we feel, the way we think, and our behavior. It drives our decision-making process more than we care to admit.

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Topics: Cost Estimator, Nick Papadopoulos, benchmarking, Project History, Eos Group, Estimating, Cortex Project History

Project History Cheat Sheet

Posted by Nick Papadopoulos on Jan 17, 2017 11:49:00 AM

Everyone has individual cheat sheets. They’re usually  Microsoft Excel workbooks that  are updated  every so often . Estimators create cheat sheets because either  there isn’t  a central database,  or there isn’t  one that they trust . In this case, I’m  referring to a cheat sheet of historical project costs.
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Topics: Cost Estimator, Nick Papadopoulos, benchmarking, Project History, Eos Group, Estimating, Cortex Project History

2017–A Big Year for Benchmarking

Posted by Nick Papadopoulos on Dec 28, 2016 2:16:15 PM

 

2017 will be a big year for our team.

We’ve been working hard for quite some time on a new benchmarking solution. While we’re still in the sausage-making process, the light at the end of the tunnel is looking bright and I can’t wait to show you what we’ve come up with.

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Topics: Cost Estimator, Nick Papadopoulos, benchmarking, Eos Group

When Technology Surprises the Technologist

Posted by Nick Papadopoulos on Dec 6, 2016 10:07:00 AM

 
I want to share a story about a system evaluation that surprised me. System evaluations don’t usually work out this well, but this one warrants sharing.
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Topics: Cost Estimator, Eos High Voltage Knowledgebase, Sage Estimating, Sage Timberline, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Sage CRE, Sage 300, Sage Construction and Real Estate, Estimating, Discovery Workshop, High Voltage Knowledgebase, Substations, Transmission Lines

Transforming Historical Project Data Into Useful Information

Posted by Nick Papadopoulos on Sep 14, 2016 11:32:00 AM

We’re often asked  to help prospects make the business case for investing in a project history system to capture historical cost data. For those of us with religion, the reasons  seem obvious. Others, however, need to be convinced.
 
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Topics: Cost Engineering, Project Controls, Cost Estimator, Nick Papadopoulos, benchmarking, AACEI, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, AACE, Conquest Consulting Group, CCG

AACEI 2016 Annual Conference

Posted by Nick Papadopoulos on Jul 12, 2016 11:00:00 AM

This year’s conference was held at the Sheraton Centre Hotel in Toronto, Canada. Once again, the AACEI staff put on a great conference in a great venue in a great city. For those that haven’t spent time in Toronto (especially in the summer), I highly recommend you find some time to enjoy the city.

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Topics: Cost Engineering, Project Controls, Cost Estimator, Cost Management, Cleopatra Enterprise, Cost Engineering Consultancy, Nick Papadopoulos, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, AACE

How to Create an Electrical Substation Estimate in Five Minutes or Less

Posted by Nick Papadopoulos on Jul 5, 2016 11:30:00 AM

The need for accurate preliminary estimates is never more apparent than in the electric power industry. Projects such as new substations are constantly being considered for capital expense and budgeting. Studies that include cost impact analysis are also important to continually improve the performance and reliability of the electrical grid.

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Topics: Nick Papadopoulos, Eos High Voltage Knowledgebase, Sage Estimating, Eos Group, Estimating Software

Estimating Technology for Construction 2016 Conference

Posted by Nick Papadopoulos on Jun 7, 2016 10:30:00 AM

Last week I attended the Estimating Technology for Construction 2016 conference in San Francisco, CA. This was the inaugural event, so I had no prior experience for gauging the attendance and speaker quality.

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Topics: Cost Estimator, Nick Papadopoulos, Sage Estimating, Sage Timberline, Cost Estimating, Sage CRE, Sage 300, AEC, AECO, Autodesk, VDC, eTakeoff, Sage Construction and Real Estate, BIM, Navisworks, eTakeoff Bridge

Thoughts from the 2016 Western Winter Workshop

Posted by Nick Papadopoulos on Mar 15, 2016 8:30:00 AM

I had the pleasure of attending the 2016 Western Winter Workshop in Indian Wells, CA earlier this month. This year’s event was presented jointly by the AACEI San Francisco Bay Area and Southern California sections. It was my first event after many, many attempts to participate in prior workshops. Naturally, something always got in the way—work, family, vacations, etc.—but not this time.

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Topics: Cost Engineering, Cost Estimator, Cost Management, Cleopatra Enterprise, Cost Engineering Consultancy, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, AACEI WWW, Total Cost Management, CEC

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