Likelihood to Recommend Specific scenarios where GeneralCOST Estimator for Excel is well suited include: Small to medium sized contractor who typically works on small to medium sized projects with limited complexity Contractors who value low prices over full functionality (this software application is very affordably priced) A new contractor or new contracting accounting / finance professional who would appreciate the specific limitations imposed by the software Specific scenarios where GeneralCOST Estimator for Excel is not well suited include: Larger contractors who think about and price projects in line with typical commercial design and construction Residential projects (the software is much better suited for commercial lease buildouts, for instance) A contractor whose finance department already uses full-suite accounting software Read full review Well Suited: Construction cost estimates for new larger projects where the construction will start within the next 6-9 months. Budgetary estimates for future buildings through its square foot models. Not Well Suited: Not accurate enough on small projects where labor, travel to sites, and OH&P are a higher percentage of unit costs than on larger projects where these costs are spread out across more units.
Read full review Pros Convenient estimating Streamlines the price quotation process Standard cost application Overhead calculation and pplication Read full review CostWorks is very good at generating quick and valid estimates for standardized facilities such as office buildings, schools, etc. It allows you to validate other cost estimates at the UniFormat level when doing an estimate validation. CostWorks' database of detailed line-items is a very resourceful asset when it comes to finding a very specific line-item. Sometimes, when using Success or MII, I will have CostWorks open on the other screen so I can find an item that the other softwares just don't have and build it into the other software from the CostWorks entry. CostWorks does a very good job of generating reports that are both well-developed and have enough detail at the summary level to be able to sit with a client or a project manager and have them follow along and understand without being overwhelmed with detail and numbers. Read full review Cons Only CSI construction cost database data Only works with Microsoft Office (Excel) The online help system has limited functionality Read full review small project costs where labor is a bigger portion than materials on cost markup factors on governmental projects Read full review Support Rating I've never had the need to discuss CostWorks with a vendor.
Read full review Alternatives Considered GeneralCOST Estimator for Excel is cheaper, easier to use, more streamlined and is easily installed and up and running. The flip side to the ease of use is the limited functionality, somewhat outdated cost bucketing profile and general lack of sophistication. The add-in also does not talk with full suite accounting software which requires additional reconciliations if used within a large organization.
Read full review CostWorks is a unique software for estimating as compared to the other softwares I have listed above. PACES is mostly used for federal modeling and really cannot be compared to Costworks. It has its own developed modeling database and has its own quirkiness and issues. MII has been developed for the USACE and utilized a user-developed folder structure and RS Means Database. I use CostWorks along side this software to find line-items that are not in the MII RS Means Database. Success has been developed for NAVFAC and again, utilizes a user-developed folder structure and RS Means Database. When I use this software, I ALWAYS have CostWorks open on the other screen as Success' RS Means database is extremely lacking when it comes to the number of detail line-items. Timberline is by SAGE and I use it mostly for DOS and FAA work. Of the 3 RS Means Database softwares, this one has the most detailed database for reference, however, there are times when I do have to look up an item that Timberline does not have and the first software I open is CostWorks.
Read full review Return on Investment Allows us to quickly bid on small projects Allows us to pay less for accounting / finance professionals Allows us to standardize our cost structure Read full review I don't really see any "negative" impacts on my business or my ROI by purchasing CostWorks. It's a valuable tool that we use, however, some of my colleagues do not use it or use it very infrequently. I find it well worth the cost even though we don't develop complete estimates in CostWorks due to client dictated softwares. It has provided very quickly-built estimating models that let our team and project managers know that the RFP or the task that they are contemplating bidding on or starting to work on is actually feasible to construction given the budget and directive. Read full review ScreenShots