Eos Group | Blog

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

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.

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

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

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. 

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

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.

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

Transforming Historical Project Data Into Useful Information

Posted by Nick Papadopoulos on Sep 14, 2016 11:32:00 AM

We’re often asked  to help prospects make the business case for investing in a project history system to capture historical cost data. For those of us with religion, the reasons  seem obvious. Others, however, need to be convinced.
 
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Topics: Cost Engineering, Project Controls, Cost Estimator, Nick Papadopoulos, benchmarking, AACEI, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, AACE, Conquest Consulting Group, CCG

AACEI 2016 Annual Conference

Posted by Nick Papadopoulos on Jul 12, 2016 11:00:00 AM

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.

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Topics: Cost Engineering, Project Controls, Cost Estimator, Cost Management, Cleopatra Enterprise, Cost Engineering Consultancy, Nick Papadopoulos, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, AACE

Benchmarks for Spaceships

Posted by Tony Colburn on Jun 21, 2016 11:30:00 AM

Aerospace contractors, private spaceflight companies, and NASA all maintain libraries of history and benchmarks for their spacecraft and equipment. They use this data to justify and validate current project costs or compare past projects (or elements within projects). However, with the exponential technology advancement curve they undoubtedly operate under, I can imagine how hard it is to keep this data current, much less collect and calibrate the volume of data necessary to achieve a meaningful analysis.

Without a doubt, this is true for engineering, architectural, and contracting firms building Spaceship Apple, the technology giant’s new corporate headquarters targeted for completion at the end 2016.

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Topics: Cost Estimator, benchmarking, Project History, Eos Group

Creating Class 2 Estimates

Posted by Tony Colburn on Jun 14, 2016 10:30:00 AM

 

Class 2 Estimates Using Your Project History, Total Cost Management, and Cleopatra Enterprise

This is the fourth and final post in a series demonstrating how Cleopatra Enterprise facilitates creating estimates of different levels of accuracy as defined by AACE International's classification supporting its Total Cost Management (TCM) framework.

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Topics: Cost Estimator, Cleopatra Enterprise, AACEI, Cleopatra Total Cost Management, Project History, Cost Estimating Solution, Cost Estimating, Eos Group, Estimating Software, Total Cost Management, TCM, AACE International, AACE

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