Building an accurate conceptual cost model has become increasingly difficult as companies often rely on a variety of sources their project data. WinEst’s cost-modeling tool, Modelogix, is the solution.

Modelogix -- WinEst’s newest software solution -- truly leverages the power of all of a company’s cost-history data from multiple sources. Using MS SQL Server®, Modelogix seamlessly integrates data stored and managed in a user-defined cost structure -- making it readily accessible to the entire organization as needed.

During initial budget development, Modelogix users can search their company’s entire estimate and cost history for work of similar type and scope. Modelogix’s inflationary price-index feature can then adjust costs to the specific date and location of the project at hand. Modelogix’s budget proposals not only provide powerful drill-down capabilities -- they can also include projects used in the development of the cost model. This feature makes the budget more defensible while demonstrating the company’s ability to perform work on similar projects.

Key Modelogix Benefits: Modelogix leverages the value of project cost history across the enterprise, integrating the company’s past estimates to form an accurate conceptual budget. • A Microsoft SQL database of estimated costs authored in WinEst and from   other cost-estimating tools, as well as as-built costs from many other   project-management applications. • Modelogix is closely integrated with WinEst, but is also a stand-alone application.   It integrates data from virtually all types of estimating and project-management   applications. • Supports user-defined “smart categories,” providing an organizational structure   for project-cost history. • Allows any and all related project files to be attached to the cost data, providing key   details during the cost-modeling process. • Provides detailed unit-price analysis across all projects in search results   (minimum/maximum unit price, median unit price, unit price variance and even   standard deviation).   CLICK HERE to learn more about Modelogix and view a full product description.

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