Cost Estimating and Scheduling

Cost Estimating

While conceptual project estimating and scheduling can give a rough picture of budget and execution time, a crucial piece of information in initial decision making process – with developing of the project design, final cost and schedule can be determined on a much higher level of detail.

With virtually each building element being modeled, exact quantities can be taken off and precise cost estimates can be made to a detail level of brick and tile. BEXEL provides our proprietary databases of work item unit costs & norms, complying with North American, German or Russian standards, but we also provide the option to work with our clients’ experts on forming legacy databases which can also be used on future projects.

We make sure that nothing is missed by keeping track of material cost changes, laborer salaries, equipment costs and providing accurate sets of work items and assemblies to match each task of constructing a single building element.

Phasing & Scheduling

BEXEL’s software solutions also act as a powerful scheduling tool, designed to assist project managers in creating highly complex construction schedules, typically containing tens of thousands of tasks, down to a level of a single work item. Our solution implements advanced scheduling algorithms, which are specially designed by our software development team to bring us the functionality of creating fully automated construction schedules and alleviate the pain of manual 4D sequencing.

Scheduling engine will evaluate all work items, assigned to project elements and generate an optimized schedule based on provided construction methodology. Automatically generated schedules can be modified afterwards to fit specific needs or criteria, or altered by manual sequencing.

Resulting 4D/5D project model combines time with construction costs and is the basis for future financial analytics and a number of reporting services. By altering the schedule directly, through a Line-of-Balance process, we can design a number of What-If scenarios in order to optimize key financial success metrics.

Video of a 5D (3D+time+cost) simulation of a hypothetical project