Industrial construction Costs

Construction Estimating Software

Benchmark Against Historical Performance

Compare cost and productivity values in the current estimate to benchmark values from historical data. HD PCM is the only estimating tool with this option. Streamline estimate reviews by instantly spotting variances from historic performance. Historical cost libraries centralize estimate and as-built data to create accurate templates, reducing the time spent creating new estimates. Reference historical estimates by activity, resource type, location, geography, discipline, work package, or other components.

Leverage Multiple Cost Model Sources

Construction Bidding SoftwareBuild cost model estimates from multiple data sources including historical estimates, detailed resources, plug values, takeoff systems, vendor quotes, scheduling, and outside estimating systems.

Single Entry for Vendor Pricing & Resource Rates

Take advantage of regularly updated vendor resource rates from ERP, finance, and external systems to maintain current pricing and accurate projected costs. Rates automatically update the library on a scheduled basis to address dynamic external cost influences.

Compare Estimates to Industry Data Libraries

Leverage third-party data libraries by vertical, with built-in support for Richardson Cost Estimating Standards, RSMeans, InfoMine’s CostMine, and other industry data sources.HD PCM: Maintain current vendor pricing and resource rates. Utilize benchmark cost and productivity data libraries for infrastructure, shutdown-turnaround maintenance, environmental, oil & gas, utilities, industrial, and mining.

Drive Costs from Design System Quantities

The design integrator utilizes the power of On Center On-Screen Takeoff to bring assemblies, quantities, and design components directly into the estimate. In addition, HD Project Estimating can import data from RIBMC2 ICE.

Create a seamless connection from takeoff to estimate. HD Project Estimating recognizes changes and new additions to the design, and can track and associate design items with labor, material, and equipment assemblies. The change log provides an audit trail by design category.

HD PCM: Compare Estimates to Industry Data Libraries. HD HD Project Estimating: effortlessly integrate Excel spreadsheets. HD Project Estimating: make smarter decisions with HD's side-by-side quote comparison.

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The Tunisian construction industry recorded a compound annual growth rate ..  — WhaTech
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The Malaysian construction industry increased in value at a CAGR of 10.93 ..  — WhaTech
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