Epoch Cost Managament Software Review
User Review
PaulLakin
Review Summary
Faithful+Gould is not in the business of writing software, but when the construction project management and cost consulting firm could not find a satisfactory cost-management solution on the market, the company tasked its IT department to develop a program. The result of their efforts was EPOCH, and the program has been so successful that Faithful+Gould not only uses the software but also sells licenses to clients such as BP and General Mills.
"We actually use the [construction project management] software to help sell our services and our in-house tools which are then marketed outside of our business to customers. Often we get work or commissions generated by the software," said Paul Lakin, director of operations. "We now have a suite of software used by all our divisions around the world, that uses a common platform to use and share data. With EPOCH, our cost-management tools are very detailed and provide enhanced reporting and earned-value reviews."
Lakin added that, since the construction project management software was customized to the firm's needs, Faithful+Gould continues to rely extensively and successfully on its IT department for support and upgrades.
Lakin rated EPOCH as a 9 out of 10.
Full Review
I have been using EPOCH for about five years.
Faithful+Gould is a project management and cost consulting firm.
Faithful+Gould created EPOCH in-house.
I do not know.
EPOCH is our in-house cost-management software that we use for a variety of clients, such as BP, AMGEN, General Mills and Kraft. Our clients purchase licenses, so it has actually become a revenue-generator for the company.
We are a U.K.-based company, and Faithful+Gould wanted to implement the same software around the world. We wanted to have a common, in-house platform to use across our business, worldwide.
Yes we looked, but we could not find anything available commercially that fit our business model.
We now have a suite of construction project management software used by all our divisions around the world, which provides us with a common platform to use and share data. With EPOCH, our cost-management tools are very detailed and provide enhanced reporting and earned-value reviews.
We actually use the construction project management software to help sell our services and our in-house tools, such as EPOCH, which are then marketed outside our business to customers. Often we get work or commissions generated by the software.
We have seen time-savings of 25% on estimates.
The program has a wealth of knowledge, collected from people in our divisions around the world, which we can effectively use for project and cost management.
Yes.
There are only minor issues, and our firm's always reprogramming and modifying as needed to ensure best practices.
Some, but in general the features we use depend on the clients' fee and commission requirements.
I'd recommend it to cost managers.
If you understand cost management, you just need an average amount of computer experience.
Not really. I'd say anywhere from two to five days, depending on the user's experience.
Yes, the technical support is provided by our IT department.
Yes, it's provided by our IT department.
Yes.
9
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