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Hard Dollar Estimating Software

Written by Estimators for Estimators

Hard Dollar Estimating from InEight is a tool used by owners, EPCMs, and contractors to establish standard processes and estimating methodologies, and build cost models.

Designed for horizontal construction and capital projects, the InEight Hard Dollar estimating solution primarily serves the Infrastructure, Oil and Gas, Mining, Power/Process, Shutdown/Turnaround/Outages, and Environmental sectors.

HD excels at establishing standard processes and core estimating methodologies with role-based templates, common views, central resource rates, industry specific libraries; as well reducing the use of error-prone spreadsheets.

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Benchmark Against Historical Performance

HD-est-iconHD Estimating software is the only estimating tool with the option to compare cost and productivity values in the current estimate to benchmark values from historical data. Streamline estimate reviews by instantly spotting variances from historic performance. Historical cost libraries centralize estimate and as-built data to create accurate templates, reducing the time spent creating new estimates. Reference historical estimates by activity, resource type, location, geography, discipline or work package.

Standardize WBS

Create standard template projects with similar work types to establish a common work breakdown structure (WBS). Apply cost and productivity factors including geography, labor rates, rental rates, wage zones, tax zones, resource production factors, equipment rates or craft types, on top of established work types, to create unique cost estimates. Drive Costs from Design System Quantities Utilize the power of outside takeoff systems including OnCenter, PlanSwift,Autodesk Revit and other third-party systems to bring assemblies, quantities and components directly into an estimate.

Create Estimates from Schedules

Create estimates directly from a Primavera schedule. A P6 schedule can provide a starting point for activities within the HD PCM estimate including start and finish dates. Resources, roles, assemblies, costs, productivity and phases can be built in the estimate and passed back to the schedule with dynamic scheduling integration to create a library of centralized data.

Maintain Current Rates

Take advantage of vendor resource rates updated regularly from ERP, finance and external vendor systems to maintain current pricing and accurate projected estimated costs. Rates can be updated to the library on a scheduled daily, weekly or monthly basis from external systems to maintain consistency and address dynamic external cost influences.

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