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Smart Choice > Innovation
At Turner & Townsend, innovation isn’t
just a word, it’s a deliverable. We’re committed
to the development of innovative solutions which make your
projects more efficient, timely, and cost-effective.
One of our most recent innovations has been working with
software company Exactal in supporting the development of
CostX – an industry-first costing software application.
This means we’re now able to offer a revolutionary
new costing service called CostCAD.
The CostCAD Service
CostCAD is an exciting new service, which gives you
real-time, accurate, progressive costings based on CAD
drawing updates.
We create a permanent two way link between our cost-planning
database and your CAD drawing. This enables direct interrogation
of the drawing, so you can extract core data (e.g. quantity
of materials). In practise, this means you can perform real-time
cost checks, and so help to eliminate ‘scope creep’.
If the drawing changes, the differences are automatically
highlighted and the cost plan is automatically updated.
As the link is permanent, CostCAD can be used throughout
the asset’s entire life. Any changes to the asset
can be updated in the asset register with the CAD design
drawing, and the supporting documentation is permanently
linked to visually reflect the changes.
Bottom Line Savings
The benefits of the CostCAD service include:
- Scope is better managed by faster cost response to design
changes.
- You can have real-time cost planning on your project
(rather than traditional milestone estimates).
- We can directly extract dimensions and data from CAD
files improving accuracy.
- CostCAD relates to, and works seamlessly with, existing
industry tools.
- CostCAD reduces report response time so you can meet
your project timeframes.
- CostCAD provides a comprehensive audit trail showing
the cost of each drawing update.
- Detailed specified cost plans with a graphical interface
- more easily understood by all stakeholders and designers.
- Cost planners can talk to the design team in their own
language.
- Drawing changes can be assessed graphically on-screen
together with direct impact of the changes on the cost
budget, tender price, or contract sum.
- The Cost Plans and the base drawings can be accessed
remotely, facilitating expert peer and management review.
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