Eos Group | Blog
Topics: Project Controls, Cost Estimator, Nick Papadopoulos, benchmarking, AACEI, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, AACE, Conquest Consulting Group, CCG
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.
Topics: Project Controls, Cost Estimator, Cost Management, Nick Papadopoulos, AACEI, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, AACE
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.
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.
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
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.
Hensel Phelps, ranked in the top 25 of ENR's Top 400 Contractors list, chose Sage Estimating as its enterprise cost estimating software solution.
What’s the right approach to a cost estimating solution? Should the user be responsible for the heavy lifting, or should the system handle most of the work?
I just returned from another trip to Las Vegas (the fourth one in the last nine months) to attend the annual AACEI conference. This is the conference to attend if you're interested in cost engineering and total cost management. Attendance was high with close to 800 participants. While it's not unusual to meet clients and prospects focused on buildings and facilities, the conference is best suited to the non-building sector: energy, process, infrastructure, etc.
To leverage historical project data, you must develop standards and execute discipline in capturing historical data. That's because you will use historical data for benchmarking purposes (e.g., I want to compare my current project to a collection of historical projects) and conceptual estimating (e.g., I want to use the average of five historical projects as the basis for my conceptual budget).
It’s interesting to witness Sage Estimating prospects and clients mature their thinking from each individual “doing their own thing” to a team working with consistent tools, processes, and standards.