You have to swallow the truth that technology has revolutionized the process of Construction Estimation and made it more efficient, precise and quick. Gone are the days of manual calculations and hard labor. With the help of advanced innovations, the estimation process has been considerably improved. Many estimating services and freelance estimators are using technological tools for their cost estimates. 

One way to assess the reliability of an estimating service is to check how much they are using technology. SMA Estimating LLC has been using advanced software, 3D models, and virtual reality for their construction process. They cover all types of buildings and provide residential to Industrial Estimating Services. Streamline your next construction project with SMA Estimating Services and save yourself from unnecessary expenses! 

Incorporation of Technology in Construction Estimation 

1) Building Information Model (BIM)

Building Information Model or BIM is a software that is used to show a digitalized presentation of a building’s structural and functional areas. The concept of BIM is as old as the 70s but it wasn’t implemented until the 2000s. It is also being used in cost estimation due to its applications. 

Applications and Uses 

Quantity Takeoff:

BIM can be used for accurate quantity takeoff as one can take precise measurements without worrying about human error. Many Construction Takeoff Services rely on BIM for accurate takeoffs. 

Enhanced Visualization:

With the help of BIM, it is easier to visualize the structure of the building. It brings clarity to the construction project

Early Decision Making:

Sometimes clients may change their mind after seeing a live model of their project. It is better to make changes in the construction plan before the construction begins so it doesn’t disrupt budgeting. 

2) Construction Estimation Software 

Cost estimating software is a specialised tool designed to facilitate the process of estimation. Software is being widely used mainly because they have no room for human error. There are several software in the market such as Contractor’s Foreman, Xactimate, Bluebeam, Planswift and many more. Estimators are trained to make the best use of them.

Applications and Uses

Saves Time:

Software increases productivity by presenting quick and fast calculations for cost estimation. It increases efficiency.

Integration of Other Tools:

Most software allows the integration of other tools to maximise the project output. It may include collaboration software, documentation etc. 

3) Artificial Intelligence and Machine Learning 

The use of artificial intelligence can improve construction estimation. AI is known to increase efficiency by reducing time consumption. Many of the software are powered by AI algorithms. Machine Learning is a brand of artificial intelligence. It allows technological tools to learn and improve accuracy by imitating humans! 

Applications and Uses 

Risk Analysis:

AI can run a risk analysis for you by analyzing the data of past projects. It can identify any potential risk factors that may hinder construction estimation. 

Cost-Effective Solutions:

In addition to finding risk factors, AI can identify cost-effective solutions and improve the allocation of resources.

Predictive Analysis:

Another useful feature of artificial intelligence is that it can assess the last project to come up with an estimated budget for you. This gives you an idea about the range of the construction project. 

4) How are Drones Used for Construction Estimation?

Another technological tool used for cost estimation is drones. They are especially used for large-scale buildings such as industrial or commercial projects. Drones can present a bird’s eye view of the construction site. Estimators can assess the construction site without having to roam around it on foot. 

Application and Uses 

Site Data:

Drones provide construction site data in a small amount of time. By reviewing drone footage one can analyze the site conditions. 

Monitoring the Project:

In addition to site analysis, estimators can observe the project to make sure that everything is going according to the plan.

5) Virtual Reality in Construction Estimation 

Virtu Reality or VR aims to present a realistic view of the building. It created an interactive model that not only helps to capture the attention of customers but also provides a better understanding of the project. VR can provide clarity to estimators by visualisation so they can identify cost-saving strategies. 

Application and Uses 

Marketing:

VR plays an important role in marketing. Customers can access the building with just a click and they don’t have to travel miles to look at the building. It also expands the consumer base.

Risk Management:

Estimators can identify threatening factors when they have a life-like imagery of the construction project. 

Conclusion 

Certainly, the use of technology in Construction Estimation has various advantages. It has improved precision and communication. One of the perks of using technology is that it creates techniques that are oriented towards the project. In this article, a detailed discussion of how important is the use of technology. An expert must stay up-to-date in respect of any further advancements in technology. The industry of construction is always evolving. Its impact will be even more significant than before.