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Harnessing the power of your own intellectual property – your historical data – Modelogix takes the headache out of early phase feasibility budgeting and provides an impressive selling tool for your conceptual team. The reliable, real world credibility it provides allows for better bench-marking of new estimates based on the expertise gained from your completed projects, and even allows for fine-tuning as you go.

Built on Microsoft’s SQL database engine allows for easy integration with other detailed estimating solutions. Using Modelogix in conjunction with Trimble WinEst allows your early phase budget to form the foundation of your detailed estimate via direct seamless integration. The SQL engine also allows  for integration with other systems like Timberline, MC2, US Cost, and even Excel.

The attributing filter allows you to cross-tag your projects by industry, by construction type, by geography, etc.  By thoroughly indexing your projects as you load them into Modelogix, you’ll be able to instantly call them up in a project filter ten years from now.

Reporting in Modelogix is also very easy to set-up and design. Report templates consist of project images, charts, graphs, side-by-side comparisons and even cover sheets and a table of contents. Users can create any layout they want and populate the data from their cost model and comparable projects. Owners appreciate seeing this real-world project experience alongside the estimate in a format that is polished, professional and easy to read.

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With this wealth of past-project data, estimators can create new cost models for feasibility budgets, benchmark new estimates and identify pricing variances, and even sanity-check a new budget to ensure that all scope is covered. By better understanding cost variances, estimators can better identify project risk, suggest value engineering ideas, and even present multiple options to the Owner, and in bid situations, creating these helpful options illustrate your firm’s knowledge, experience, and partnering capabilities.

Want To Learn More About Modelogix?

The perfect solution for all your historical cost modeling needs: In this in-depth Solution Close-Up, BuildingPoint Florida’s Rob Miller sits down with Steve Watt of Trimble to give you a complete overview of the application’s capabilities. Designed as a comprehensive first look at Modelogix, this video will help you understand some of the powerful features and capabilities that you can leverage on your next project. If you’d like a demo or have some questions please use the button below.

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Video courtesy of BuildingPoint Florida.