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Construction Industry Solutions

Construction Industry Solutions are new technologies that can help make the construction process more efficient and cost effective. Most of these construction industry solutions are computer based and have been introduced within the last two decades.

Construction estimate software is one of the construction industry solutions used for monitoring costs of construction project during the building phases to ensure cost overruns are minimized or eliminated. During the traditional bid process, an estimate in construction covers the amount it would cost a general contractor to build a project, pay its employees and make a small percentage of profit. The estimate covers the cost of items like concrete for the foundation, cables for electrical wiring, flooring, plumbing, carpentry and HVAC (heating, ventilation and air conditioning). In this case, construction estimate software does not cover the cost of building or project design, as an architect has been hired by the property owner through a separate contract process.

Construction bid software is used to help a contractor develop and present a more precise bid. It includes the overall cost estimate for construction services, along with a percentage over that estimate that serves as payment for the project. Construction bid software has largely overtaken the bid development process, as it creates a more accurate bid proposal more quickly.

One of the most advanced construction industry solutions on the market today is the new Building Information Modeling (BIM) program. BIM provides a complete overview of the entire project in a single program, including a three dimensional design of the project. With BIM, the contractor can not only see what the project is supposed to look like, he can ensure that the schedule is being properly followed and that construction work that might conflict with each other (putting in drywall before the wiring is installed, for instance) does not occur. But BIM also monitors the amount of material on hand, construction costs and scheduling. It provides a more complete, immediate set of construction project controls to ensure the project remains not only on time, but within budget as well.

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