UC-511
Verify Estimate Accuracy to protect margin and reduce cost
Fills the Projects page in AUDUBON LENS: every bid, what it was priced at, and what the same work really cost.
TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue
The Challenge
The opportunity is to eliminate a bid priced from the last one, a scope line that always grows, and a win nobody can repeat. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.
How It Works
- One engine reads every closed project: the estimate, the hours actually booked by discipline, the changes, the rework and the final invoice.
- It prices a new enquiry from what the same scope really cost, shows the range and the risk, and flags the scope lines that most often grow.
- It records why each bid was won or lost so the next one is priced better.
What It Removes
- A bid priced from the last one
- A scope line that always grows
- A win nobody can repeat
Input Data RequirementsQuotes, estimates, contracts, cost history, labour and material rates, actuals and win-loss outcomes
Output FormatDashboard showing every bid, what it was priced at, and what the same work really cost.
“I price the job from what it really cost us the last four times.”