SOURCE: WinEstimator, Inc.

WinEstimator, Inc.

June 12, 2012 09:30 ET

WinEst's Modelogix 3 Takes Cost-Modeling Technology to New Heights

KENT, WA--(Marketwire - Jun 12, 2012) - WinEstimator, Inc. has just announced the release of Modelogix 3 (MX3), the latest version of their innovative cost-modeling/conceptual-estimating software.

"Modelogix 1.0, released in 2008, really broke some major ground, and gave us all a glimpse of what could be done in cost-modeling and conceptual-estimating technology. We've invested a lot of time and work into MX3, and we couldn't be happier with reviews from our focus-group customers," said WinEst President Steve Watt.

General Growth Properties, one of the nation's largest shopping-center/retail-property owners, was a focus-group user of MX3. According to Chris Rasmussen, GGP database analyst, "Modelogix 3 is outright amazing. It effectively captures all of our actual project costs in a systematic way that enables us to benchmark future projects of similar scope on demand. The ability to pivot cost data using any combination of different work-breakdown structures, at different levels, at the touch of a button, is jaw-dropping. The simplicity of the user interface and the ease of use are uncanny for a tool with such a powerful math engine behind it. There is no room in today's market to do anything else."

Engineered to deliver an optimal blend of power and ease-of-use, MX3's new features are many, and existing features have been refined. Work-breakdown structure variances are easily displayed according to user preferences and the new Metrics feature provides more than twenty customizable data types and cost centers -- allowing users to intelligently analyze their cost model in ways that are most meaningful to their organization. Inflationary cost indexes allow users to normalize costs across all past projects, regardless of their date or location, and smart categories allow users to apply key project attributes to past work -- filtering thousands of past projects, by preference, in an instant.

Conceptual cost models can now be accurate and thorough enough to be used as a head-start point for subsequent detailed estimates in both WinEst and Excel. Additionally, powerful slice-and-dice data modeling capabilities let users combine any mix of work breakdown structures (WBS). On-the-fly hierarchical work-breakdown structures allow users to analyze countless what-if scenarios and to explore alternatives -- all within their cost model. And the program's built-in proposal designer allows the easy creation of custom reports and proposals that are polished and professional.

More information is available at www.winest.com/products/modelogix.

Established in 1992, WinEstimator, Inc. delivers leading-edge cost-estimating and cost-modeling software to industry professionals around the world. For more information, visit www.WinEst.com, or call 800.950.2374.

Contact Information

  • Contact:
    Sean Lewis
    800.950.2374