Change Order Pricing
Construction Data Insights
The Trailblazer
Major Project Construction Manager
What They Said
We’re getting ready to start work on a project. This project has very specific requirements for the format of the change orders.
The system we’re using can’t produce the required output file, nor add the custom pricing logic, and we will be responsible for managing 50 subcontractors, which is not feasible through a manual process.
At the moment, each subcontractor submits a different style of change order, and our coordinators must generalize and repeat the data entry to get it into format.
Manually transferring the data into the new format requires significant number of hours
The Problem
Manual Processing
No efficient data extraction from the platform in the manner specified by the client
Tedious and Error-prone
Manual process works but result in data management overload and prone to data errors
Lack of System Integration
Integration with Finance and Project Management System is still manual which causes data limitation and delays in change order processing
Aedo designed a solution to eliminate
this time-consuming and error-prone work.
Immediate access to change order data via T&M pricing application
Capability to easily get data into key systems
Ability to get the data into a useful format
Ease of pricing the change order into a bundle
Ideal Outcome
Smooth change orders approval rate tailored to the needs of the client
Automation on repeated type of change orders per historical bundle of work
Added business logic for identifying approval rates by type
Automatic integration into other systems
Turning Data
into a
Business Asset
Enabling and
Measuring
Accuracy and timeliness of the data
Project savings up to $70k FTE a year
Immediate availability of change order insight
Identify and address problem projects more quickly and easily
Project Visibility
Trailblazing!
Future Benefits
Project the amount range for change order types based on historical data
High-impact change order type identification
Increased approval rate
Track real-time overall profit ratio vs. budget
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