CostOS is regarded today as one of the most advanced cost estimating software system within the European region. Due the fact that Nomitech cooperates closely with its local representatives CostOS is also fully customized to support the local estimating needs. The system is based on the fundamental theory of cost estimating and thus it can be easily used in various industry types such as Construction, Oil and Gas, Energy and others.
Infinity Business Solutions became Nomitech partner in Romania for the cost estimation area with Cost Estimating software.
Top 10 Benefits
The Graphical User Interface
With CostOS Estimating you will find ways to optimize the direct cost by trying different cost scenarios. While working with the CostOS graphical interface you will discover how to reuse older estimates to prepare new ones. Abilities that seem extremely time consuming and almost impossible become simple with CostOS.
Resource Cost Databases – The Core of Cost Estimating
CostOS is regarded as a very valuable tool that accelerates Cost Estimating to a great extend. In addition CostOS is integrated with Online Databases (Knowledge Bases) that are provided on a subscription basis.
This means that the estimator has the ability to search for cost data in more than 1,000,000 entries in total and will never be left without a price, not even for a single BOQ Item.
Building Information Modeling – Estimating Directly on 3D models
CostOS works with open standards and thus it supports all major designing systems like ArchiCAD, AllPlan, AutoDesk REVIT, DDS etc . You do not have to buy any of these systems, unless you want to make the designer’s work, as CostOS will provide you with the visualization of the model.
Connecting with other Software
All the cost data that you have collected until now can be easily imported in CostOS thanks to its co-operation with Microsoft Excel™. In addition you can massively import the Bill of Quantity Items from Excel.
CostOS also allows you to export your estimate into Microsoft Project and synchronize all of your resources with Primavera P6 in order to easily prepare the schedule of your tender. The software reports can be exported to PDF files or Microsoft Word ™ or Excel ™ files, password protected or not.
Real-Time Synchronization with Oracle Primavera P6
CostOS enables you to keep your project estimate in line with the schedule. Whichever way you prefer working it is now feasible with CostOS:
• Set up the Project Programme in P6 with its WBS and import it to CostOS for Cost Estimating/ resource loading
• Start with your estimate in CostOS, set up the WBS, use either your local cost database or the online databases, and export the CostOS project as a resource loaded programme in P6. The activity durations are calculated based on the productivities or the manhours you used on your estimate. All you have to do in P6 is just assign the logic.
• Work in parallel in CostOS and in Primavera P6. With a click of a button you can see the effect of altered durations on your estimate, as well as the effect of changed quantities or changed estimated cost on your schedule. Changes you make on WBSs, descriptions, durations, resources etc are automatically picked up by the synchronization module
Things do not end here, as due to the ability that you have in CostOS to takeoff quantities from theBuilding Information Model or from On-Screen Takeoff® you can see the effect of altered designs or changed orders on the total project duration instantly.
Quantity Surveying with On-Screen Takeoff®
CostOS is integrated with the On-Screen TakeOff® Software, and becomes in this way the ultimate Estimating Package for various industries. While working with your Estimate in CostOS, you can now connect to the On-Screen Takeoff® to calculate quantities from PDF or DWG Drawings. This integration allows you to increase by 80% your estimating speed and most importantly avoid making Costly Mistakes.
Using On-Screen Takeoff® for your take-off process is an efficient, accurate and fun way to work. The integration with CostOS enables you to increase the productivity of your Estimating Team and become more productive against your competitors.
Equipment Depreciation in Cost Estimating
• Linear depreciation (also known as the Caterpillar method)
• German Standards BGL 1991 depreciation method
• Precise Method (suitable for countries with high inflation)
After defining the consumption and the type of fuel for each equipment, CostOS enables the user to update the operating costs simply by defining the fuel rate (e.g. 1.03 €/lt) in the project area. CostOS Pro and Enterprise versions come with a pre-installed database of about 100 machines that allow you to cost estimate even big infrastructure projects.
All those engaged in Cost Estimating of big projects know that Cost Estimating is a team working procedure. Information must be transferred quickly within the team members and be supervised by the person responsible for the final offer. The Enterprise version of CostOS allows the estimators to have real time access on the data that their colleagues enter in the database. The date and time when a cost entry was created as well as the user ID of the person that entered the data are stored in the database.
In addition the system administrator can define roles for each user allowing or prohibiting their accessibility and the functions they can perform (read, write, delete, edit) on the database. Depending on the progress that is made while pricing a Bill of Quantities Item, (under review, completed, approved) there is the respective color coding. This allows the team leader to quickly define the overall progress of the estimate.
Cost Statistics while estimating can be very useful and may ring a bell when mistakes are made, especially if you have to price a large amount of BOQ Items. Depending on the type of project you have to estimate, CostOS can extract statistical data such as cost per square meter for basement or superstructure, cost per linear meter for pipes etc. These data is very useful especially for the senior estimators who can immediately recognize any errors in the estimate.