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:
Eos Group | Blog
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.
Topics: Eos Group, Cost Estimating, Estimating, Preconstruction, Nick Papadopoulos, KPIs, WBS Code, Data, Data Analysis, Benchmarking Solution, benchmarking, Estimating Software, Cost Management, Project Management
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.
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
Topics: Cost Estimator, Eos Group, Estimating Software, Cortex, Eos Cortex, benchmarking, Benchmarking Solution, Project Analysis, Conceptual Estimating, Trend Analysis, Cortex Project History, Project History