There are many advantages to using a Construction Estimating Excel Spreadsheet that is easy to manage and ready for use in a few minutes. These software programs enable the estimator to enter data quickly and easily and will help avoid mistakes when inputting information.
An estimator should not be hampered by having to choose between adding the needs of the client to that of the estimator. Often estimators will try to fit themselves into the company’s vision for the project, instead of the needs of the client. In many cases, the estimator will want to have the general needs of the client before getting started. This will only cause confusion and may delay completion of the project.
It is important that the estimator uses the correct field of the spreadsheet to capture this information. When the estimation data is converted to an Excel spreadsheet, these fields will need to be pre-arranged to make it easier to input data. The field that will be most useful is likely going to be the estimated cost of materials.
When entering the estimated cost of materials, there are several columns to consider. These will include: the estimated cost of material, materials cost, and estimated labor cost. The estimated labor cost will be entered with the typical labor expense that the estimator will have encountered in the past.
The labor cost is going to be the amount of money that the estimator is going to spend in order to complete the project. The estimated cost of materials is going to be based on the material type that is used. It is important to understand that the calculations for the labor and materials costs may differ depending on the size of the project. Also, some projects will incur an additional charge for insurance and non-waivable labor time.
The labor cost will be calculated on a three-month rotation. The calculation is based on the number of employees and the duration of the project. The estimate will then be split between the three employees.
The estimating program should allow the user to create an option for providing a reference sheet of the estimates. The reference sheet will contain information about the material used for the project. It will also list any other materials that are being used, such as concrete, pipe, electrical equipment, and so on.
Estimating is easier when the estimator has an idea of what the project will look like when completed. Creating a workable construction estimator in Microsoft Excel can help the estimator to enter their data without worry. It will save the estimator valuable time and prevent them from making mistakes when entering information.