Construction Estimating Software

Construction Estimating Software

Construction estimating software is type of software that is created for construction and other contracting companies. It is primarily used to estimate the construction costs for different types of construction projects. There are a lot of types of costs that contractors need to estimate before bidding for a project. These costs range from labor to equipment to materials. As a result, construction estimating software makes it easier for businesses to estimate these costs and manage them. From the estimation derived by the construction estimating software, the company can find the bid price for the contract. Other types of businesses like architects and engineers also use construction estimating software as a means to find the budget of a certain construction project.


Construction estimating software has made it easier for companies to estimate their costs. It is a lot more efficient than traditional estimating methods which were really time consuming and prone to errors. Traditionally, a company would have to analyze the project by hand and listing all the costs included in the project. However, construction estimating software lists everything for you, lowering the chance of missing an important cost that could affect the bid price.

With the rise of computer use in companies, businesses started using spreadsheets like Excel to track and calculate their costs. This was the first type of computerized construction estimator.  This was the first big step towards construction estimating software and a lot more efficient than traditional means. With a spreadsheet, it can be formatted and duplicated many times over. Therefore templates, which also appear in construction estimating software, can help streamline the cost estimation.

Construction Estimating Software

The big step towards the emergence of construction estimating software was the use of database applications. Contractor estimating software such as Sage Timberline and MasterBuilder extensively use databases to help estimate project costs and prevent errors that could occur.
Construction Estimating Software
There are also many types of different estimation software. Residential construction estimating software is one of the most popular ones and used by many home builders as well as commercial developers. If your company needs a cost estimating software, it is important to do your research to ensure that the software has all the features required for your company and your industry. There are many free construction estimating software but these are not always a good alternative because they lack certain crucial features. As a result, a paid alternative is a good choice and it will save you costs in the long run.

The typical features include resource costing such a labor costs, equipment costs, materials costs, subcontractors costs, trucking costs and any other internal and external costs such as additional wages, benefits or taxes. These can also be split by activity and the project can be divided into groups. Construction estimating software can also make calculations, input markups and calculate overhead. It helps a company create a budget and price a project to determine the bid price.


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