One of the first systems to truly leverage a company’s project-cost history, Trimble’s Modelogix cost-modeling tool ties seamlessly to data from any leading cost-tracking solution—including MS Excel, WinEst and many others. Data is stored and managed in a user-defined cost structure and readily accessible, as needed, throughout your company.
Leverage Historical Data
Modelogix leverages the historical record of completed projects to better formulate better estimates on future projects. By leveraging historical data organizations can make more informed decisions on projects and programs.
Organize and Prepare Data
Flexible coding structures allow data to be organized in multiple dimensions and utilizing Smart Categories to search and find similar projects in the project archives to find the right mix of projects for the new conceptual estimate. Data is normalized over time and location using cost indices.
View and compare cost models side-by-side with the project estimates that formed the basis of the model, find hidden risks in estimates, gain insight to projects and analyze costs by labor, material or other metrics.
Create Conceptual Estimates
Utilize parametric estimating techniques when there is little to no scope definition and create conceptual estimates from historical data.
Present and Document
Produce reports and presentations that outline the details of the conceptual estimate, creating transparency throughout the process.