Our estimating template also allows you set a quantity for each item of work. Establish Quantities of Work For Each Item Profit and pricing is calculated automatically. Notice how the labor rate for blank items matches the ‘default’ rate established at the beginning of the estimate!Īlso, the ‘custom profit %’ has been set to 30% in this item, rather than the default margin. Units of measurement for labor are automatically set based on step 2 of the ‘Basic Info’ section – in this case, it’s days (MD). As shown below, you get to choose which trade (or name) to assign to each task via a drop down menu, which automatically uses the rates you’ve assigned to them in the ‘Basic Info’ section.
#BUILDING ESTIMATE IN EXCEL SOFTWARE#
Our estimating software allows you to enter up to 10 labor tasks for one work item. Our construction estimating excel software allows you to create individual work estimates for up to 40 work items.
Detail Individual Labor Tasks For Each Item Of Work Let’s take a look at each in more detail. Once you set these parameters, the rest of the estimate gets much simpler.įrom here, our estimating template breaks down each item of work into six categories: Our construction estimating excel software is built to automate the estimating process as much as possible. We’ve include a list of typical units of measure in our estimator template already, but you can add more that are specific to your project, too. Step 5: Review and add units of measure for materials, supplies, quantities, etc. You can customize the profit percentage for each item if you like, but this default amount ensures that at least the default margin is included on every item – no need to worry about leaving it out! This will be a fallback profit percentage that is used when no specific profit margin is set for a specific item of work. Let’s continue establishing basic info for your estimate. The worst thing that can happen when estimating a construction project is to accidentally leave out a cost – our template makes this impossible, at least for labor costs! Set Default Markup For Project & Add Custom Units of Measure This will be used automatically when a name or trade is not selected in an estimate. These names and rates will be usable via drop down menus in the actual estimate. Step 2: Create a list of all tradespeople or names of workers, along with their respective pay rates (corresponding to unit selected in step 1). Step 1: Select how you plan on estimating labor costs – by hours (HR) or days (MD). Start off by entering the project’s name, job number (if applicable) and the date. The first step our construction estimating template requires is to enter some basic information for the project – see screenshot below. & Establish Custom, Automated Labor Rates Scroll below for a bit more information on each of our estimating spreadsheet’s features, along with a picture of each.
#BUILDING ESTIMATE IN EXCEL DOWNLOAD#
Does it break each work item into sections like labor, materials, equipment, subcontractors and more? YES. Does it provide a clean, easy-to-use interface for estimating individual work items? YES. In this process, we’ve realized exactly what a great estimating program should be like – and what it shouldn’t include as well! That’s why we’ve created, in our humble opinion, the best automated construction estimating Excel software on the internet! Does it allow you to customize units of measurement, labor rates and profit margins? YES.
We’ve used all sorts of construction estimating softwares and templates over the years.