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. Use Modelogix to create fast and accurate early phase estimates without the guesswork, reducing risk as you leverage your structured historical cost data in a secure, centralized database.
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 others. A new Query API can help enhance your Business Intelligence (BI) practices by easily integrating Modelogix data with your existing BI tools. Data is stored and managed in a user-defined cost structure and readily accessible, as needed, throughout your company.
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.
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.
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.
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.
Download this free E-Book to learn the five ways to overcome the most common estimation workflow inefficiencies that you don’t realise are holding you back.
Let's talk about your estimating software!
We’d love the opportunity to chat more about the advantages of WinEst. Click the button below to request a demo.