BACKCost Modeling & Budgeting

Conceptual Estimating and Cost Modeling

Trimble Modelogix is an enterprise software solution that allows organizations to mine data from project estimates and “as built, actual” costs, with prices normalized to the time and location of the current opportunity, to create fast and accurate early phase cost models, all while reducing risk and removing a lot of guesswork.

One of the first systems to truly leverage a company’s project-cost history, Modelogix cost-modeling tool ties seamlessly to data from any leading cost-tracking solution—including MS Excel, WinEst and any others. Data is stored and managed in a userdefined cost structure and readily accessible, as needed, throughout your company.

 

Visual Comparison and Analysis of Your Cost Model

See how your cost model stacks up against past projects of similar scope. Identify cost outliers that provide opportunities for adjusting the model to fit the owner’s funding constraints.

View and compare your cost model side-by-side with the project estimates that formed the basis of the model.

Powerful Search Engine

Use selected project attributes to search all of your historical data to find the right mix of projects for your new cost model. Not only do you have access to your historical data, but Modelogix also tells the complete story for each project by including all relevant supporting documents.

Closed Loop Integration

The best way to leverage historical information is to create a continuous cycle or “closed loop” integration. To begin the cycle, a feasibility budget is developed that is based on actual cost information from past projects. The conceptual estimate is then moved to the cost estimating solution to prepare the detailed estimate based on owner specifications. The detailed estimate forms the basis for your budgets in your project management solution, and this data exchange is automated with Prolog. When the project closes, the actual cost data flows back into Modelogix for use on future projects.

Presentation Counts

Modelogix enables you to easily design and print a proposal that reflects your company’s quality, professionalism and attention to detail. With the high degree of care that you’ve put into the preparation of your cost plans, you need to project that quality through the presentation. Modelogix provides professional, customizable templates to give you a leg-up on the competition.

 

Clean and Intuitive User Interface

Making the powerful software approachable for users of all skill levels.


 

Search Feature

Makes it quick and easy to find past projects stored in your Modelogix database.


 

Model Analysis

Use the work-breakdown structure of your choice, Masterformat, Uni-format, Job Cost Phase, etc.


 

Metrics Feature

Provides more than twenty customizable data types – allowing you to analyze your cost model in ways that are most meaningful to your company.


 

Cost Model

Benchmark your detailed final estimates, identifying any omissions or errors before it’s too late.


 

Inflationary Cost Indices

Allows you to normalize costs in all your past projects, to account for fluctuations based on a location or time.


 

Smart Categories

Allows you to apply key project attributes to past work – making thousands of past projects stored in the database easy to find.


 

Powerful Slice-and-Dice Data Modeling

Combine any mix of work breakdown structures (WBS) in one view.


 

Built-In Proposal Designer

Easily generate reports and proposals that are polished and professional.