Construction Estimating Services

Quantity Takeoff & Pricing

As a professional involved in architecture, engineering and construction (AEC), you’re likely familiar with quantity takeoffs. The term has been around a long time in the building industry, and it reflects an important part of the planning process. Quantity takeoff requires a highly specialised skill set to do data management correctly.

This crucial step in a project’s early stage can make or break success. Improper quantity takeoffs can underestimate or overestimate construction costs, causing inefficiency in the entire construction chain.

It can be detrimental to any job when required material amounts and realistic pricing values are overlooked or duplicated. The key to successful construction data collection is thoroughness and accuracy – and that is exactly what Qestimation delivers.

• Trade-by-trade material lists in Excel with colour-coded marked plans
• Priced with current supplier and subcontractor rates for your location
• Delivered in 2–5 business days, rush service available

Cost & Budget Estimating

Cost estimation in project management is the process of forecasting the financial and other resources needed to complete a project within a defined scope. Cost estimation accounts for each element required for the project – from materials to labour – and calculates a total amount that determines a project’s budget.

An initial cost estimate can determine whether an organisation greenlights a project, and if the project moves forward, the estimate can be a factor in defining the project’s scope. If the cost estimation comes in too high, an organisation may decide to pare down the project to fit what they can afford (it is also required to begin securing funding for the project). Once the project is in motion, the cost estimate is used to manage all of its affiliated costs in order to keep the project on budget.

• Conceptual, schematic, design-development and bid estimates
• Budget estimates for feasibility and finance applications
• Executive summary so decision makers see the number in one page

Budget Estimating

Our estimators develop accurate budgets based on years of experience in the field. A Qestimation budget estimate tells you early what a design will realistically cost to build, where the risk sits and which scope items drive the number – before you commit to tender.

• Elemental and trade breakdowns with allowances and contingencies
• Value-engineering options to bring scope back to budget
• Updated at each design milestone

Cost Controls

Our cost control services are conducted on site during the construction stage. We track committed and forecast costs against the estimate, assess variations, verify progress claims and report monthly so there are no surprises at completion.

• Variation and claim assessment
• Cost-to-complete forecasting and cash-flow reporting
• Procurement and subcontractor quotation reviews