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.