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Field-Centric Cost Management: 6 Essential Steps

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2 "Track links the information from estimates to our field tracking process automatically, eliminating the added work and inconsistencies of reentering data and managing disconnected systems." -Alex Kalmar Steed and Evans 1 Transfer Data Seamless Between the Bid and the Field Log Unified software applications for estimating and performance tracking allow bid data to be translated and transferred directly to the field log. Eliminating the need to manually interpret and re-key the data eliminates ambiguity and errors. As they are setting up and planning a new job, superintendents, project managers and foremen know exactly what the scheduling and budget expectations are. Conversely, contractors benefit when data on actual costs incurred in the field travels back to the estimating workflow to improve the accuracy of future estimating, budgeting, planning and scheduling. • Eliminate manual data entry • Avoid errors and ambiguity • Increase accuracy of bids ESTIMATING FIELD TRACKING ACTUAL COSTS BID DATA 2

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