Presto Cost Management for Construction
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Transcript of Presto Cost Management for Construction
Presto
Cost management for construction
www.presto.es
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)
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
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
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
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
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.
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
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
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.
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
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
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
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
Presto
Cost management for construction
www.presto.es
Presto in the planning stage
Financial planning
Based on real payment terms
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
Presto
Cost management for construction
www.presto.es
Presto in the planning stage
Resources by financial periods
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
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
Presto
Cost management for construction
www.presto.es
Earned value management
From the PM or the contractor point of view
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
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
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