Presto Cost Management for Construction

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Presto Cost management for construction www.presto.es Presto Cost management for construction

description

Presto Cost

Transcript of Presto Cost Management for Construction

Page 1: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto

Cost management

for construction

Page 2: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Successful projects

T4 Barajas Airport, Madrid, Spain (image: Faithful Gould) AVE Alta Velocidad Española (Spanish High Speed)

Page 3: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Cost management in different stages

Estimate

- Instead of Excel

- Integrated with BIM and other construction softwares

Planning

- From the PM and contractor viewpoints

- Integrated with time planning software

Execution

- Integrating data from all the agents

- Cost & profit information system

Page 4: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Cost management for all the agents

involved in construction

Supporting their different needs

- The project team needs a powerful estimation system

- Planners need to analyze cost, resources and financing

- The contractor needs a system controlling income & cost

- The project manager needs to integrate data from all others

and manage changes

- The end user wants to see results

Page 5: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Global benefits of using Presto

Construction specific software

Structured information system

- Predefined by design

- Flexible for displaying and delivering of information

No underground computing

- Professionals focus in the core business, not in programming

- Excel is used for information output, not for data input

- Quick start, no implementation is required

The state of the art in Windows software

Page 6: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Simple architecture, powerful

connections

Presto is used independently by the different agents

- Each agent uses the Presto relevant components he needs

- Each agent sends to others only the required information

- The information is structured to integrate seamlessly

among all actors

Presto is not perceived as a control system,

but as a support tool

Page 7: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Balance: cost, time and quantity

Many information systems for construction are

based on time or money. Planning systems are based on time and activities

- Activities are too many to control costs

- Schedule requires constant updating

Accounting systems are based on money

- They cannot accurately measure progress or make

predictions.

Presto is based on monitoring quantities.

Page 8: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the estimate stage

Flexible Cost WBS (CBS)

CBS elements share a common structure:

- Divisions: MasterFormat, Uniformat or any other

- Work units: custom or from price databases

- Resources breakdown: any number of labor, equipment,

materials and other components

CBS may match or not the planning WBS

Direct site, home and profit overheads and specific

percentages for work units

Cost based in unit rates and quantities

Page 9: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the estimate stage

Oriented to information reuse and exchange

A single format allows data exchange in any direction

- Price databases

- Products catalogues

- Estimate and planning

- Cost control

Work units may be reused between estimates

- Based on the (open) coding system

- With unit prices and rates

- Overheads adapt to destination estimate

Page 10: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Open information system

One source, multiple outputs

Once the information is in Presto, it may be exported in any

format

- Open, customizable report system, Access style

- Printer, PDF, TXT or RTF printing of any report

- Excel: full estimate or specific windows export

- Inserts data in Excel or Word predefined templates

- Full export and import to/from Microsoft Access

- WBS and resources output in Primavera XML format

Presto files may be created from Excel files, GAEB, XML,

BC3 and other national formats.

Page 11: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

BIM integration: Revit, Allplan, Archicad

Quantities, location and cost relevant data is retrieved from

the model even if no special action is performed by the

project team

- Catalogues in BIM format for an easy selection of work units

- Data may be checked before being added to the estimate

- Optional feed-back from the estimate to the model

- Selected estimate elements are displayed in the model

Estimate and model may evolve at the same time

- Changes, additions and deletions between successive data

versions are detected

- Manual changes in the estimate do not mix with BIM data

Page 12: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

Planning is the basis for economic control by the PM project

manager

Cost planning is based…

ON NOT ON

Cost or income centers Activities

Months Days

Quantities Money / Time

Bidirectional link to Primavera and Project avoids retyping

information and mistakes

Page 13: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

From the PM viewpoint

3D matrix estimate

- CBS (divisions and work units)

- Activities (areas, sectors, sections, levels, tasks...)

- Financial periods (months)

Cost planning (by financial periods)

- Convert from Primavera activities and dates

- Quick planning by "S" curves

- Financial planning

Tendering and RFP Request For Proposals

Page 14: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

From the PM viewpoint

Information sent by the agents integrates into the PM

information system

- Initial estimate

- Approved & pending changes

The PM can show results to the client as soon as data is

received

- This cannot be achieved with underground computing, such

as Excel.

Customization may be performed by Presto, the PM or the

user itself

Page 15: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

Financial planning

Based on real payment terms

Page 16: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

From the contractor viewpoint

Cost and income analysis

- Unit cost (standard rates and price databases)

- Operational estimating (first principles)

- Overheads

Tendering and planning

- Resources by dates, financial periods and cost centers

- Manpower and equipment analysis

Contracting and purchases management

Page 17: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the planning stage

Resources by financial periods

Page 18: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto in the construction stage

Income and cost tracking

Payment Certificates for public and private clients

Tracking models

- Planning, construction and certification by financial periods

- Cost tracking by "S" curve patterns

- EVM Earned Value Management

Process management

- Controlled exchange of information between agents

- Variations from the initial estimate

Page 19: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Earned value management

A formal methodology for monitoring

deviations

Actual work valued at estimated cost

- EV / Actual Cost = Cost Performance

- EV / Planned Value = Schedule Performance

Accurate estimation of current progress, cost and time at

completion

- Predefined, common terminology for all the agents

- Independent of bar chart planning

Based on the information normally available to the PM

Page 20: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Earned value management

From the PM or the contractor point of view

Page 21: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Presto: economic model

Price

Quantity

Estimate

Contract price

Target

Expected cost

Execution

Actual cost

Estimate

Project

Estimate

Certificación

PM approved

Certification

Target

Revised project

Total production Initial target

BAC

Project cost

EAC

Planning

Target to date

Planned production Planned value

PV

Execution

Real quantity

Actual production Earned value

EV

Actual cost

AC

Page 22: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

Added value for the end client

Presto advantage for the client is obtaining

accurate and verified information

Easy to understand information system (Presto and Excel)

Display of initial estimate, approved changes and variation

orders

Standard methodology

Quick start-up

In time to make decisions

Page 23: Presto Cost Management for Construction

Presto

Cost management for construction

www.presto.es

+60.000 users in +20 countries

Designed for local users in a global

environment

Easy to localize

- Multi-language reports

- Multi-currency

- Translation of estimates via Google

- Online training

Presto is Microsoft Platform Ready

More about Presto at www.presto.es