Topical Info Center for Microsoft Excel for Construction Estimating


Helpful Guides and Articles

How to create an estimating workbook for assemblies in Microsoft Excel

Suppose you could carry an estimating tool with you that allowed you to do quick, preliminary cost estimates in the field. You would be able to easily weed out the lookers from the spenders. You could get ballpark figures for changes arising during construction, and you could quickly compare costs for different building methods. By creating an assembly-based estimating workbook in Microsoft Excel, you can have this convenient tool at your fingertips.

Expanding Excel's construction estimating prowess

By calling Outlook functions from within Microsoft Excel, and by using Excel’s powerful collaboration options, you can gain some speed and share your construction cost estimates with others who need to use them. This article will explain how to create a task in Outlook, right from within Excel, and will demonstrate four ways to share Excel estimates with others who need to use the information they contain. 

Expanding Excel for Construction: Calculations

In Part 2 of this tip, we offer some hints for performing common construction cost estimating calculations in Microsoft Excel, such as the total number of work days in a project and whether a project is over budget. (In Part 1, Expanding Excel for construction: Manipulating text, inserting symbols, we discussed basic keyboard shortcuts for manipulating test and inserting symbols.)

Construction Estimating Software Buyer's Guide: Introduction

Effective construction estimating is more than just making sure your firm keeps material and labor costs in check. It's also a matter of making sure your customers are charged an accurate and fair price for the work that you do. It's no surprise, then, that, in the words of Walter Mathieson of Mathieson Consulting in Glendale, Ariz., "Estimating is the lifeblood of the construction industry. If you have failures in estimating, you will be out of business before you know it."

Expanding Excel for construction: Saving macros, linking worksheets

In Part 3 of this tip, we show how saving macros, linking worksheets and importing and viewing PDF files can make Microsoft Excel a powerful cost estimating tool. (The previous section of this tip, Expanding Excel for construction: Calculations, offered hints for performing common construction cost estimating calculations.)

Tip #8: Automating tasks and creating controls

Microsoft Excel for construction: Plug-ins add estimating power

In Part 3 of this series, we discuss what is possible using Microsoft Excel plug-ins. (In Parts 1 and 2, we considered the pros and cons of using Excel for construction estimating.)

Microsoft Excel for construction: Integration is a problem

In Part 2 of this series, we examine some of the disadvantages to using Excel as a construction estimating tool. (In Part 1, Microsoft Excel for construction: Is it the right estimating tool for you?, we looked at some of the advantages.)

Expanding Excel for construction: Manipulating text, inserting symbols

Microsoft Excel as a construction cost estimating platform provides a lot of raw calculating and formatting power through its standard functions. But there are also many opportunities to take advantage of lesser-known shortcuts, functions and macros that can automate and speed up estimating operations.

Most people think of the formulas that do the calculating as the workhorses of spreadsheets. However all formulas are rooted in functions and the more of those you know, the more Excel savvy you become.

Microsoft Excel for construction: Is it the right estimating tool for you?

Construction professionals have increasingly computerized their operations. Estimating is a common process to put on the computer, but what software should you use? Many people start with Microsoft Excel -- they may already be familiar with it, it's inexpensive, and widely available. Whether it's really the right tool for you depends on the complexity of your jobs, and the degree to which your estimating tool must work with other software.

User Reviews

Microsoft Excel helps LCO Associates create construction estimates and cash-flow reports, while Word is the firm's product of choice for general reports. Information from both applications is then stored on a Microsoft Access database. "Each and every member of the office staff uses these applications, and pretty much everyone knows the basics of Excel, Word and Access," employee Selvan Assiskumar noted.

LCO Associates, which provides cost-consulting services for commercial construction projects in North America, uses an array of popular programs to simplify communication between employees and with clients. The Ottawa-based firm relies on general office tools such as Microsoft Excel, Word and Access, as well as more specialized construction-industry applications, including Primavera Project Planner and Palisade Corp.'s @Risk, to conducts its business.

"To create construction estimates, cash flows, cost reports and the like, we use Microsoft Excel and customize the format using Excel's built-in tools. For reports, tables and to state assumptions, for example, we use Microsoft Word," said Selvan Assiskumar, who joined LCO Associates about eight years ago. "For tasks such as storing project cost details, contacts and sub-contracts, we use Microsoft Access."

Before purchasing Microsoft Office and Access, LCO Associates used earlier versions of spreadsheets and word-processing applications, he said. But Microsoft's solutions have proven cost effective, easy to learn and are the de facto standard among construction and non-construction firms, making it easy to share documents between different companies, Assiskumar added.

"I think the Microsoft programs and our other software tools may have minimized the actual cost by 75%. Each and every member of the office staff uses these applications, and pretty much everyone knows the basics of Excel, Word and Access," he noted.

Assiskumar rated Microsoft Office and Microsoft Access an 8 out of 10 for creating and storing construction estimates and other job costing details.

To streamline its construction estimating, ASRC Energy Services, part of the vast oil and gas process industry in Alaska, relies extensively on an integrated solution comprised of Microsoft Office coupled with more specialized WinEst and Primavera software.

The ability of the applications to interoperate, and therefore keep data consistent and up to date, should deliver productivity and accuracy benefits, said Robert May. (He noted that having only used the solution for six months made it difficult to come up with an estimated return on investment yet.)

"This solution had better integration capabilities with other programs we were already using," said May, one of more than 1,500 employees at the Anchorage-based firm. "Now everyone is on the same page, using the same up-to-date information. There are no silos of outdated data in PCs because all the information is centralized in the server."

Merging construction estimates from multiple users who are simultaneously working on a project is now much easier and accurate, he said. This consistency makes Microsoft Office a must-have for all estimators and project control professionals, May said.

Overall, May rated the Microsoft Office suite an 8 out of 10 as a construction estimating software tool.

Sticker shock at both the high up-front and annual maintenance fees associated with specialized cost estimating software programs led Joe Issa of Albert Kahn Associates to try Microsoft Excel instead.

The spreadsheet application, a component of Microsoft Office, was already installed at the Detroit-based planning, design and management firm, Issa said. "If I had wanted to buy MC2 or Timberland basic software, it would be at least $5,000," he said. "By using Excel I am saving $5,000 and at least $1,500 per year for maintenance."

Since it is part of the widely popular Microsoft suite, Excel is user-friendly and familiar to co-workers within Issa's consulting group, he said: "Everybody knows how to use Excel. If you have specialized software you'll be the only one able to use it."

Issa rated Microsoft Excel a 6 out of 10. He did note that, were he a contractor as opposed to a consultant, he would likely buy separate cost estimating software.

Products

Microsoft Excel by Microsoft

According to the latest CFMA technology survey, 14% of construction contractors tap the capabilities of Microsoft Excel, a component of the popular Microsoft Office business suite, to create, manage and communicate construction estimates. Since so many companies already use Excel and the full Office suite as part of their day-to-day operations, startup and training costs are minimal when compared to custom construction estimating programs.

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Book Excerpts

Book excerpt: Microsoft Excel PivotChart tutorial

Microsoft Excel is a popular construction estimating tool, but its ability to hold data in massive charts can also be its undoing. This is where a Microsoft Excel PivotChart tutorial could come in handy, for users old and new alike.

Book excerpt: Microsoft Excel macro tutorial

Microsoft Excel is a popular construction cost estimating tool; those who use the software so often that they find themselves typing the same formulas over and over could benefit from a Microsoft Excel macro tutorial.

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Vendor

ProEst Estimating

Company Overview

Founded in 1976, CMS (Construction Management Software) offers estimating software for construction contractors. The firm's two products, ProEst Estimating and ProEst Takeoff, are customizable for general contractors, residential home builders, and other trades, such as concrete/masonry, electrical, landscaping, mechanical and plumbing.

9520 Padgett Street, Suite 104
San Diego, CA

Phone: 858-348-1364
Toll Free: 800-255-7407
Fax: 858-348-1365
Web: proest.com