From conceptual estimates and design/build to takeoff estimating and hard bids, we have the tools that provide answers to all of your construction estimating needs.
CDP's industry-leading suite of estimating services and solutions is designed to give your complete control of construction cost management. We can help you create accurate construction estimates so you can budget appropriately, increase your forecasting accuracy, make informed decisions, and improve anticipated ROI.
CDP Construction Estimating
Increase Accuracy and Win Rate
Streamline Estimating Process
Reduce Estimate and Control Budget Gap
Our best-in-class estimating tools reduce the cycle time for preparing and submitting estimates, proposals, or bids and use historic cost information to provide a solid baseline for evaluating new jobs that are similar in nature.
A solid estimate provides the baseline for measuring performance once the job starts, and our solutions help standardize processes and improve estimate accuracy allowing you to:
- Refine cost estimates through third party data sources and current supplier/subcontractor market pricing.
- Understand productivity based on work conditions.
- Evaluate resource team or crew productivity.
- Understand all cost elements such as labor, material, equipment and other miscellaneous costs.
- Estimate costs as the details are provided, Level 1, Level 2, Level 3 estimates until the desired detail is reached.
- Prepare detailed takeoffs and estimates.
- Manage changes as estimate evolves from rough orders of magnitude to detailed work plans.
- Standardize estimates across your organization.
- Increase confidence in your construction estimates.
Learn more about estimating solutions, including Oracle Primavera P6, InEight (formerly Hard Dollar), and Spectrum Construction Accounting Software →
Ready to Improve Your Construction Estimates?
Construction Estimating Solutions to Determine Costs for Projects of All Sizes
Estimate Confidently
Answer the question “where did you get that number?” by leveraging internal norms and 3rd party data sets. Create more standardized, accurate cost estimates.
Win More Profitable Work
Easily identify low margin projects prior to investment of resources, instead focusing on pursuit of high value opportunities.
Turn Chaos Into Order
Easily compare and edit quotes from subcontractors and vendors up until the last minutes with integrated quote management tools.
Standardize Your Estimates
Standardize the construction estimating processes using templates, rate libraries, norms and third party cost databases.
Easily Spot Changes in Scope
Compare versions of estimates across estimate classes to identify and measure cost differences associated with scope growth
Integrate Estimates and Schedules
Because cost estimates can be linked to scheduling systems such as Oracle Priamvera P6 and Microsoft Project, a clearer picture of project cost and timing comes into focus.
Calculate Accurate Costs
Calculate direct and indirect project costs in the user-friendly cost breakdown structure. Perform takeoffs, edit cost items and import or export estimate information. Use default indirect costs or create your own.
Save Time
Save time with streamlined bid packages. Use benchmarking to confirm current bid assumptions. Share RFQs with stakeholders to compare approaches to the work.
8 TIPS FOR SUCCESSFUL CONSTRUCTION COST ESTIMATING
1. Top-down and Bottom-up Estimating
Work with a software that supports both conceptual and detailed estimating so you can transition from early-stage to detailed estimates.
2. Use Historical Benchmarking
Create more accurate estimates with a library of searchable historical data. Validate against actual costs, productivity rates and quantities.
3. Incorporate CPM Scheduling
Work with your schedule, not against it, thanks to integrated cost and scheduling functions. Get a time-phased view of costs, resources and cash flow.
4. Integrate with Project Controls
Reduce inefficiency and lost data by making estimates immediately available to field teams at a level of detail that makes sense.
5. Manage Change Orders
Don’t let scope changes eat away at your profit margin. Input changes into the working budget, and compare forecasts to include or exclude pending changes.
6. Earned Value Management
Integrate your estimating, field execution and earned value management systems. Make better plans and forecasts with a bigger picture of project progress.
7. Forecasting
Predict your costs with more accuracy, thanks to real-time forecasting data. Share information with relevant teams to identify issues and make instant adjustments.
8. Track Workflow
Keep your organization on the same page with a complete audit log. Invite team members to give feedback and view a history of changes to the estimate.
Schedule a Demo
Schedule a demo to learn more about construction estimating tools.
