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Aug 10, 2023 · In this blog from SharpeSoft, we'll discuss the differences between construction bidding with an estimator software versus using Excel and why the former is worth considering if you're looking to streamline the efficiency and accuracy of your construction bidding process.
- Matthew Caddy
Mar 10, 2022 · In this article, I’ll explain what Estimate at Completion is for project managers, how to use it (because there are 4 different ways) and give you examples. Plus, there is a spreadsheet EAC template in Google Sheets format that you can download.
- Developed Specifically For Construction Industry
- Creates Estimates Up to 70% Faster Than Excel
- Creates Accurate and Reliable Estimates
- Data Is Protected by Cloud Security
- Estimating Software Makes Collaboration Easy
- Estimating Software Is Intuitive and Easy-To-Use
- Builds Client/Contractor Relationships
Software created for estimators is developed by and for the industry, packed with specific functionality designed to make construction professionals’ lives easier. Task-specific software has everything an estimator needs to build an accurate bill of quantities, with additional functions such as takeoff and online enquiries to help speed up the esti...
Because of this specialised functionality, building estimates on software can often prove to be a much faster and enjoyable process than using spreadsheets. Users of estimating software can import values direct from takeoff, track pricing changes, build on existing templates or previous builds and in some cases generate quotes in minutes. As data i...
Instead of relying on legacy spreadsheets laden with data errors, estimators can use estimating software and take advantage of real-time data, collaboration and fast adjustments to generate bills of quantities which are far more accurate than those built on Excel. With pricing changing rapidly in the current market, estimating software such as Acce...
While spreadsheet data can be vulnerable to hacking or file corruption, one of the leading advantages of construction estimating software is the built-in security that helps protect your and your clients’ data from ransomware attacks and other cybersecurity threats. Data within a construction business is often sensitive, and estimating software wil...
Where version control makes collaboration difficult on Excel, estimating software makes collaboration easy when building costings and quotes for clients. Existing quotes can be edited by team members with user licences, allowing knowledge and expertise to be shared and poured into estimates quickly. This helps both client relationships and those be...
While most professionals are versed in Excel, it takes advanced users to craft detailed bills-of-quantities on spreadsheets. There is also a lot of variety in how these documents are put together, meaning new staff have to learn the quirks of legacy spreadsheets before getting to work. Construction estimating software is designed to be easy-to-use,...
Estimating software creates better estimates, and clients value the insights and detail provided inside a accurate quote produced using the latest pricing. Accurate bids win work, and the professional and well-presented quotes and reports automatically generated by estimating software will help any construction company build a great reputation with...
Oct 9, 2024 · Make sure your project forecasts are accurate with these free estimate templates that build a better budget and keep a profit margin.
Complex Number Functions in Excel. The first, and most fundamental, complex number function in Excel converts two components (one real and one imaginary) into a single complex number represented as a+bi. The function is “COMPLEX” and its syntax is as follows: COMPLEX(real_num, i_num, [suffix]) Where: real_num is the real part of the complex ...
Jun 24, 2021 · That formula looks like this: TCPI = (Budget at Completion (BAC) – Earned Value (EV)) / (BAC – Actual Cost (AC)) Why is EAC important? Even the most well-planned budgets aren’t always 100% accurate.
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Best thing is you can use it inside Excel or Google Sheets on Chrome browser. It can do complex SUMIFS, VLOOKUP and much more with the help of LLM AI models that I have fine tuned on a dataset of over 40K formula combinations. You can get it here: Excel AI
