TLDR: Implementing a system with four key components and utilizing software can help construction professionals quickly and accurately estimate project costs, saving time and ensuring proper compensation for their work. 00:00 🏗 Learn how to quickly estimate construction projects by implementing a system with four key components for accurate quoting. 01:01 💡 Establish cost codes and standard pricing for different categories of costs in a construction project, and use software to streamline the estimating process. 02:06 🏗 Use Excel or accounting software for estimating, and utilize pricing, project management, and plan takeoff software for efficient construction project estimation. 03:47 💡 Use software to quickly estimate construction projects and ensure accuracy, especially if you're a general contractor or renovator with changing and time-consuming quotes. 05:03 🏗 Provide quick estimates for construction projects to ensure you are compensated for your time and overhead costs as a business owner. 06:32 💰 Quickly estimate construction projects by providing a basic budget estimate first, then getting paid for a detailed budget and selections. 07:27 🏗 Use templates for different types of construction projects and assemblies for common tasks to quickly estimate project costs without starting from scratch each time. 08:35 💡 Use assemblies to quickly and accurately price construction projects, saving time and keeping clients happy.
Definitely help me out. I had that idea but never actually have put down working. Most definitely need to implement things like this. I’m always giving out bids late , I get really overwhelmed with bids and also doing the work my or be at the Jobsites! Is crazy. How to be efficient with out proper guidance or training.
Putting work into building out your processes and templates will pay dividends into the future. I know how overwhelming all the work can be and then trying to get estimates done after hours. If you want more help with this you can connect with us on our website. Links are in the description.
Would you recommend some software for an electrical contractor. We currently use excel and quickbooks for our estimates. I find that it’s very difficult to build assemblies with an excellent sheet. Also I would love a software that could load material costing in bulk
If you're looking for an all around platform including estimating I would take a look at Housecall Pro and Service Titan. Here are partner links to check them out: housecallpro.grsm.io/fsbgn292fmlu join.servicetitan.com/mzub2E3 If you're looking for specific estimating software check out these: www.clearestimates.com/ proest.com/ mep.trimble.com/ See if the software you consider has integration with a costing databases like: www.1build.com/ www.rsmeans.com/ If you would like more help with choosing the right software you can contact us on our website at: rapidresultcreators.com/
Hey Joe, I can definitely help to eliminate the estimating nightmare. To provide specific and accurate advice for your business I would need to understand more about how you operate. That said I do have an online estimating course to level up your estimating. You can connect with me through our website at: rapidresultcreators.com
Hey Troy, big time! Implementation is key. One step at a time to building out a streamlined estimating system. What's the most time consuming part of your estimating?
The method will apply to any type of construction estimating. The specific format and cost codes will be customized depending on the type of construction.
Thanks for the questions. I work with my team of assistants and network partners although i am the primary consultant at my company. I’m not sure I understand your question about “taking work home”. Can you elaborate? We do not provide software directly, we do provide digital assets like SOPs and everything you need to set up our systems on recommended third party software. You can also find out more info at: rapidresultcreators.com
You have no idea how to describe it and how to present it and you are doing marketing in your vlog only. There is not a single method of costing you unfold in your video except saying some technical words. please dont waste time of the people.
I appreciate the feedback. This video is geared toward doing estimating quicker. If you want more depth into costing you can check out the estimating course link in the description or some of my other estimating videos here on TH-cam. “How to Estimate Construction Projects” - th-cam.com/video/U-lTERWqkdI/w-d-xo.htmlsi=44zXsLKeL6YwZPAH
This channel is literally a treasure for any cost engineer .. Thank you so much.
Glad you got value!
TLDR: Implementing a system with four key components and utilizing software can help construction professionals quickly and accurately estimate project costs, saving time and ensuring proper compensation for their work.
00:00 🏗 Learn how to quickly estimate construction projects by implementing a system with four key components for accurate quoting.
01:01 💡 Establish cost codes and standard pricing for different categories of costs in a construction project, and use software to streamline the estimating process.
02:06 🏗 Use Excel or accounting software for estimating, and utilize pricing, project management, and plan takeoff software for efficient construction project estimation.
03:47 💡 Use software to quickly estimate construction projects and ensure accuracy, especially if you're a general contractor or renovator with changing and time-consuming quotes.
05:03 🏗 Provide quick estimates for construction projects to ensure you are compensated for your time and overhead costs as a business owner.
06:32 💰 Quickly estimate construction projects by providing a basic budget estimate first, then getting paid for a detailed budget and selections.
07:27 🏗 Use templates for different types of construction projects and assemblies for common tasks to quickly estimate project costs without starting from scratch each time.
08:35 💡 Use assemblies to quickly and accurately price construction projects, saving time and keeping clients happy.
Good stuff 👍🏼
Definitely help me out. I had that idea but never actually have put down working. Most definitely need to implement things like this. I’m always giving out bids late , I get really overwhelmed with bids and also doing the work my or be at the Jobsites! Is crazy. How to be efficient with out proper guidance or training.
Putting work into building out your processes and templates will pay dividends into the future. I know how overwhelming all the work can be and then trying to get estimates done after hours. If you want more help with this you can connect with us on our website. Links are in the description.
Can you do a sample cost and estimate for fire protection works alone?
For more specific help for your construction company contact us through our website: rapidresultcreators.com/
Excellent video! Never underestimate the power of a good spreadsheet 😎.
For sure! A well set up spreadsheet will do the quickest calculations while also being customizable. 💯
Just be careful. You know what they say... "when you excel, people will spreadsheet about you"
I'll see myself out..🤣
@@rapidresultcreators
Haha 😂
Thank you for sharing this knowledge. it gives me more idea on costing
Great to hear that! 🙏
Would you recommend some software for an electrical contractor. We currently use excel and quickbooks for our estimates.
I find that it’s very difficult to build assemblies with an excellent sheet.
Also I would love a software that could load material costing in bulk
If you're looking for an all around platform including estimating I would take a look at Housecall Pro and Service Titan. Here are partner links to check them out:
housecallpro.grsm.io/fsbgn292fmlu
join.servicetitan.com/mzub2E3
If you're looking for specific estimating software check out these:
www.clearestimates.com/
proest.com/
mep.trimble.com/
See if the software you consider has integration with a costing databases like:
www.1build.com/
www.rsmeans.com/
If you would like more help with choosing the right software you can contact us on our website at:
rapidresultcreators.com/
Do you have any advice or any direction to point me. I am an awning subcontractor and estimating is a nightmare at this point.
Hey Joe, I can definitely help to eliminate the estimating nightmare. To provide specific and accurate advice for your business I would need to understand more about how you operate. That said I do have an online estimating course to level up your estimating. You can connect with me through our website at:
rapidresultcreators.com
Outstanding...And This is Quite Incredible!!!
Wonderful!
Great video thanks Derrick. Do you have any suggestions as to the best estimating takeoff software for small/ new builders?
Hello, for takeoffs from plans I’ve used PlanSwift before. It would be one of the most recognized. I’ve heard Stack is also good.
Good advice here. Now to implement it.
Hey Troy, big time! Implementation is key. One step at a time to building out a streamlined estimating system. What's the most time consuming part of your estimating?
This guy is a magician 😮
Abracadabra, it's all practice and experience to make it easy.
Sir does this method apply in case of Electrical Engineers also? Or its specifically for Civil Engineers?
The method will apply to any type of construction estimating. The specific format and cost codes will be customized depending on the type of construction.
thanks great video
For sure 👍🏼
As always very helpful video
Here to help my friend.
Do you work Independently?
Is it OK to take work home especially.
Do you own your own software or codes?
Thanks for the questions. I work with my team of assistants and network partners although i am the primary consultant at my company.
I’m not sure I understand your question about “taking work home”. Can you elaborate?
We do not provide software directly, we do provide digital assets like SOPs and everything you need to set up our systems on recommended third party software.
You can also find out more info at: rapidresultcreators.com
To estimate the cost of something you need to gather lots of information
Setting up templates and your cost database will make sure you are not having to gather information unnecessarily.
Need help
Sure thing. What would you like help with?
You have no idea how to describe it and how to present it and you are doing marketing in your vlog only. There is not a single method of costing you unfold in your video except saying some technical words. please dont waste time of the people.
I appreciate the feedback. This video is geared toward doing estimating quicker. If you want more depth into costing you can check out the estimating course link in the description or some of my other estimating videos here on TH-cam.
“How to Estimate Construction Projects” - th-cam.com/video/U-lTERWqkdI/w-d-xo.htmlsi=44zXsLKeL6YwZPAH