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Conceptual Estimate Template

Template Overview

Budget

Summary

Detailed Quantities

Cost

Details

Historical Data

For Pricing

Project Comparisons

Cost Breakdown

By Cost Code

Basis of Estimate Reports

Template Overview

Budget Export

For Construction

GENERAL

SUM

SHEET

Header

Cost Summary

Specific Cost Tracking

Budget

Update

Comparison

BUDGET

COST

DETAIL

TABS

Tab Cost Summary

Tab Coded Item

Totals

Tab Cost Details

Similar

Direct Building and Parking Tabs

Carry Approximately 76% of the Total Budget

Point of Interest

CREATING

A

BUDGET

The Nuts and Bolts

How does it all come together?

Itemized

Tracking

The Sums From Each Tab

Are Then Totaled Back On

The General Sum Sheet

Cost Tracking Codes Are Defined On The General Sum Sheet.

5 Categories Are Pre-Defined For Tracking Sources Of Budget Costs.

All Direct Budget Costs Are Identified With A Price Source Code.

Then Input Throughout The Budget.

Three Types of Escalation are Tracked:

Proforma - Escalate Budget to Current or Specified Date.

Subcontractor - Escalation Negotiated With a Specific Subcontractor (Normally Under Contract).

Outsized - Escalation for a Specific Trade Above the Overall Proforma Rate.

Each Tab Sums Up The Coded Line Items

Escalation is Tracked Similar to Cost and Source Tracking.

Fixed Items with

No Applicable Source

Cost Sources are Tracked Similar to Cost Tracking.

Individual Building (WRAP & Podium)

Takeoff's

Multiple Building (SOG)

Current Project

Multiplier

Current Project

Qty. Totals

Manual Adjustment

To Reconcile With

Directive Matrix

Pricing

3 Primary Groups

Sub-Groups

Functions and Tables Used to Generate Budget.

Previous Projects/Budgets Cost & Quantities. Used to Extrapolate Pricing and

Budget Evaluation (Comparisons).

Sub-Groups

Tools for Maintaining

and Updating the

Budget Template.

3 Primary Groups

Sub-Groups

Distributing a Total Dollar Value Across Cost Codes

The Amount Column is Populated with the Selected Project Budget

Select the most Comparable Project from the Dropdown List

The % of Total $ Allocated to Each Line Item is Calculated

Remove Specific Line Items from the Distribution as Needed

The Percentages are Applied to the line Items Throughout the Budget

Total Amounts to be Distributed are Entered at the Tops of the Detail Tabs

The Amounts Entered are Distributed Throughout the Budget by the Allocated %

.

3 Primary Groups

Sub-Groups

Extrapolating a Budget

From Historical Unit

Pricing

Extrapolated Budgets are Useful For:

Select the most Comparable Project from the Dropdown List

  • Early Acquisition Budgets or Fast Turn Around
  • Comparable Project Pricing Reference while Generating a Budget

The Source Project $/UOM Rates Calculate from the Values in the Database

Keep the Default UOM's,

or Select from Drop Down List

$ per Quantities

Extrapolated Budget is Generated in Dedicated Brown Rows Throughout the Budget

Budget Review

BUDGET

ANALYSIS

& COMPARISONS

Review Budget Costs

and Compare Against Other Projects/Budgets

History

&

Stats

Summary

By

Cost Code

OUTPUT /

DELIVERABLES

Wrap

It Up

Basis of Estimate

Reports

Comments

Takeoff Items

Comments

Values

Units

Values

Construction Budget

Export

Template Budget Cost Details

Construction Budget Format

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