Eos Group | Blog

Freedom to Roam

Posted by Nick Papadopoulos on Feb 28, 2019 12:01:00 PM

 

The digital world generates a ton of data. I mean a ton. According to a 2018  Forbes article, that’s 2.5 quintillion bytes of data every day. I had to look up quintillion.

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Topics: Nick Papadopoulos, benchmarking, Project History, Estimating, Cortex Project History, Benchmarking Solution, Eos Cortex, Historical Data Management, Operational Management System

Two Simple Mouse Clicks

Posted by Nick Papadopoulos on Feb 22, 2019 9:11:01 AM

It’s common during the preconstruction or feasibility phase to receive a request for a rough order of magnitude forecast for a theoretical future project. These requests have different names: initial budgets, preliminary proposals, first price responses, feasibility-stage estimates, or best guesses. There are also more colorful names, but I digress.

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Topics: Nick Papadopoulos, benchmarking, Project History, Estimating, Cortex Project History, Benchmarking Solution, Eos Cortex, Historical Data Management, Operational Management System

Process vs. History

Posted by Nick Papadopoulos on Dec 12, 2018 12:12:54 PM

When I witness confusion in the markets we serve, I try to bring clarity to improve the decision-making process. Education is vital to advance our knowledge and improve our systems.

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Topics: Nick Papadopoulos, benchmarking, Project History, Cost Estimating, Estimating, Cortex Project History, Benchmarking Solution, Project Delivery, Process Management System, Project Estimate, Historical Data Management, Operational Management System

Eos Cortex: How to create a project map by project type

Posted by Jason Frink on Nov 27, 2018 9:42:00 AM

Eos Group has received requests for an automated mapping feature in Cortex and plans to add this functionality in the future. In the meantime, here’s how you can use Google Maps to create a map in just a few easy steps!

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Topics: Cost Estimator, benchmarking, Cost Estimating Solution, Cost Estimating, Eos Group, Cortex Project History, Cortex, Benchmarking Solution, Eos Cortex, Mapping, Google Maps

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:   

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

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.

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

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.

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

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

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