Eos Group | Blog

Eos Cortex: Normalization for instant apples-to-apples comparisons

Posted by Jason Frink on Nov 13, 2018 11:31:00 AM

When benchmarking a new project against past projects, it’s critical to level the playing field. Cortex calls this normalizing the data. In the Administration module, you can set up many different types of factor tables to adjust:   

Read More

Topics: Cost Estimator, Cost Estimating Solution, Cost Estimating, Eos Group, Cortex, Cortex Project History, Eos Cortex, Normalization, Benchmarking Solution, benchmarking

If we can't agree on the data...

Posted by Nick Papadopoulos on Oct 16, 2018 11:45:00 AM

Common ground. Common source. Common basis. We use these words interchangeably when we talk about our data, but few companies have achieved it.

It’s impossible difficult to make good decisions as a team if you don’t agree on the data.

Read More

Topics: Eos Group, Cost Estimating, Estimating, Preconstruction, Nick Papadopoulos, KPIs, WBS Code, Data, Data Analysis, Benchmarking Solution, benchmarking, Estimating Software, Cost Management, Project Management

AACE 2018

Posted by Madeleine King on Jun 19, 2018 11:07:00 AM

The annual AACE International conference is next week, June 24–27th in San Diego, CA. Our own CEO, Nick Papadopoulos will be there along with our Senior Consultant, Tony Colburn. Be sure to stop by their booth, #208 and learn more about Eos Cortex Project History, our next-generation benchmarking solution. 

Read More

Topics: Eos Group, Estimating Software, Nick Papadopoulos, Cost Estimating, Project History, Project Controls, AACE, AACEI, benchmarking, Eos Cortex, Cortex, Cortex Project History, Project Analysis, Project Analytics, Tony Colburn

Benchmarking for Estimators: A Practical Perspective on Programs

Posted by Terry Morrison on Apr 17, 2018 11:24:00 AM

Programs pose a unique challenge for estimators hoping to capitalize on project history. Projects constructed as part of a group or program are often executed in fundamentally different ways than their stand-alone counterparts, which offers economies and efficiencies that do not exist for stand-alone projects.

Read More

Topics: Eos Group, Estimating Software, Cost Engineer, Cost Estimating, Cost Estimating Solution, Project Analysis, Cortex Project History, Project History, Benchmarking Solution, benchmarking, Eos Cortex, Cortex, Estimating

Free Slew

Posted by Bret Bowser on Aug 23, 2017 2:13:13 PM

                          (credit:CBS)

Hong Kong is beginning to recover from Typhoon Hato this week. Many of us were fascinated by the video coverage of cranes swinging in 175+ km/h winds. It is amazing we didn't see more accidents like this one
Read More

Topics: Cost Estimator, Eos Group, Estimating Software, Cortex, Eos Cortex, benchmarking, Benchmarking Solution, Project Analysis, Conceptual Estimating, Trend Analysis, Cortex Project History, Project History

Eos Group Announces Partnership with ICMS

Posted by Eos Group on Jul 25, 2017 12:59:00 PM

Slashing infrastructure investment risk, a new global coalition aims to transform construction cost system

The International Construction Measurement Standards (ICMS), a new high-level benchmarking and reporting framework for international cost classification, reporting, and comparison, was launched yesterday, July 24, 2017. ICMS aims to provide greater global consistency in classifying, defining, measuring, analyzing, and presenting construction costs at a project, regional, state, national, or international level.

Read More

Topics: Cost Estimator, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Cortex Project History, Project History, Cortex, benchmarking, Conceptual Estimating, Trend Analysis, ICMS, International Construction Measurement Standards, Construction

Does Your Project History Walk Out the Door?

Posted by Tony Colburn on Jul 18, 2017 10:29:00 AM

 

Perspectives from the AACE International Conference 2017 in Orlando

Every year, interest in capturing project cost history grows among the attendees at the annual AACE International conference. This year was no different.

Read More

Topics: Cost Estimator, Sage Estimating, Sage Timberline, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Cortex Project History, Project History, Cortex, AACE, AACE International, AACEI, benchmarking, Conceptual Estimating, Trend Analysis

AACEI 2017 Showcase

Posted by Eos Group on Jun 7, 2017 10:25:40 AM

It's that time of year again! The annual AACE International meeting kicks off on June 11 in Orlando, FL. Our own Nick Papadopoulos will be there presenting our new benchmarking solution, Cortex Project History, on Tuesday, June 13 at 9:30 am. 

Read More

Topics: Eos Group, Estimating Software, Nick Papadopoulos, Cost Estimating, Cost Estimator, Cost Engineering, Cost Estimating Solution, Project History, Project Controls, AACE, AACEI, benchmarking

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.

Read More

Topics: Eos Group, benchmarking, Cost Estimator, Nick Papadopoulos, Project History, 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.
Read More

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

Subscribe to Blog Updates

Recent Posts

Posts by Topic

see all