BEST PRACTICES AND BENEFITS OF ESTIMATING TECHNIQUES AND TECHNOLOGY Cindy L. Menches, Ph.D., P.E. Stephen M. Kleps, P.E. Illinois Institute of Technology WHAT’S IN THE BEST PRACTICE GUIDE 1. Review of estimating methods: Manual, on -screen, CAD-based 2. The current estimating landscape (i.e., who’s doing what) 3. Migrating to CAD-based estimating: Benefits and challenges 4. Obstacles to adopting CAD-based estimating methods 5. Best practices (…of all three estimating methods) 6. Case studies: Manual, on-screen, CAD-based estimating 2 THE ESTIMATING LANDSCAPE PDF/CAD Frequently 27% Manual Only 56% Manual Occasionally 17% 3 SUBJECTIVELY EXPERIENCED BENEFITS For PDF and CAD-Based estimating software: 1. 2. 3. 4. 5. Potential time savings…but will vary with the method Potential for greater accuracy…and organization Younger estimators are comfortable with technology Great presentation value for clients It’s an extra “tool” in the estimating “toolbox” 4 OBSTACLES TO TECHNOLOGY ADOPTION For PDF and CAD-Based Estimating Software: 1. 2. 3. 4. Cost for hardware, software, and training Skepticism about the magnitude of benefits Concerns about obsolescence Misconceptions about integration with existing system 5 OBSTACLES TO TECHNOLOGY ADOPTION For CAD-Based Estimating Software: 1. Difficulty in obtaining native CAD files 2. Incompatible CAD files 3. The estimator must know CAD 6 BEST PRACTICES Just a few…for more, review the guide 1. Vary the method to optimize time versus accuracy 2. Estimators are more satisfied (and perform better) when they can choose their own method 3. Begin with one or two licenses 7 BEST PRACTICES 4. Clean up CAD files first to maximize efficiency 5. Utilize the automatic quantity updating feature 6. Venture into PDF or CAD-based estimating to add more tools for estimators to use 8 FOR MORE INFORMATION Cindy L. Menches, Ph.D., P.E .; cmenches@iit.edu Stephen M. Kleps, P.E.; klepste@hawk.iit.edu 9