Construction is something which is grand in size and in terms of everything cost, planning, man power and above all the future aspect right? Now this is something grand and cannot be started like this without proper estimation and budgeting things are different when it comes to estimation a construction project. Normally people take credit amounts from investors and banks, banks usually analyze the projects with the help of their estimators but when it comes to investors they usually need something proper and significant they just cannot rely on anything verbal and improper hence, the construction companies buy proper “cost estimators” after which nothing matters they just get the estimates which are simply close enough to the real cost.
On the level of MS-Excel these software are made in order to fulfill the need of estimators. There was the time when excel models were made and experts were paid highly on the basis of technical models and formulas which used to estimate the cost and can be altered whenever requires (in fact as and when required), cost estimators are just replication of the same plot as it was on the excel sheet. The only trouble is that one just cannot alter things then and there, because it is already fixed and feed in the fields of the software. Of course there are certain guidelines and things are easier and definitely rules are also there to use the software, one has to buy the complete license for the software in order to make it work, whereas, on the excel sheet things were pretty easier as compare to anything; companies used to pay the experts to make the model of the excel and rest is done, alteration is free and things were ok! There is software for estimations such as: ProEst, Sigma Estimates and Sage Estimating. Definitely one just cannot label any software as the best because there is much going on in the market and there is no best software for the estimation. Some civil estimating software in Australia is made for accurate estimation, some are made for future changes and cost estimation keeping in view the economic issues and changing variables.
The aforementioned information is estimated on the basis of success rate of the estimator software. Usually the software share the same estimating formulas but, there are certain things and root basis which are unique in one and different in some other. Such as count measures, Auto-count, linear measurement etc. there are some other formulas too which creates a lot of difference but the roots are same and did not change no matter what. Check this link https://www.brightboxsoftware.com/to find out more details.