The Data-Driven Estimating Advantage
In the world of construction, the ability to make informed decisions can be the difference between project success and costly overages. ZentroQ, a leading construction intelligence company, recently demonstrated the transformative impact of data-driven insights in the estimation process through a compelling business case.
A previous job was set to utilize the same crew and superintendents for a new project. Thanks to ZentroQ's unified data, the team was able to gain a detailed breakdown of the cost per man-hour for the previous crew. This invaluable insight revealed that the actual cost was $7.00 higher per man-hour than initially estimated. With an estimated 10,000 man-hours for the new project, this discrepancy would have resulted in a staggering $70,000 budget overage.
Armed with this intelligence, the construction company proactively adjusted their estimates and secured cost relief for the new project, averting a potential financial setback. This real-world example showcases how ZentroQ's integrated data history empowers construction professionals to make smarter, more accurate decisions, ultimately safeguarding project profitability.
By leveraging data-driven insights, estimators can identify trends, patterns, and potential cost drivers that may impact the final cost. ZentroQ's is enabling project managers to anticipate challenges, proactively mitigate risks, and drive success through informed decision-making.
The era of blind estimation is coming to an end, and the future of construction management is being reshaped by the power of data-driven intelligence. With ZentroQ, construction professionals can bid, plan, and execute projects with unprecedented clarity and confidence, ushering in a new standard of excellence in the industry.
ZentroQ mission is to enable construction professionals to embrace the full potential of data-driven decision-making and achieve new heights of success in an increasingly complex and competitive landscape.