Until now, the construction industry has relied on a reactive approach to preconstruction, leading to a drawn-out process with extensive value engineering. Ediphi is transforming this dynamic with a proactive approach that informs architects, engineers, consultants, and owners. By providing clear transparency into the cost drivers of project designs, Ediphi is helping stakeholders understand the levers they can pull to influence design costs effectively. Ultimately, this results in a shorter and more successful preconstruction effort.
Every general contractor should be providing highly detailed estimates as early as possible to inform the design team about how to meet the project objectives. This should include line item breakouts of every room with finish schedules, even at the conceptual phase of a project. Why? Because this approach shortens the preconstruction process and creates transparency when costs change as quantities evolve from one design iteration to the next.
Historically, contractors have relied on price per square foot, built on a myriad of assumptions that fill in the missing blanks, to make these early estimates. But this approach is flawed because price per square foot does not provide the cost levers that owners and architects need to pull on in order to make their project viable.
This is exactly the problem Ediphi was created to solve. Our modular 'kit of parts'—detailed scopes of work distributed across an estimate based on basic parametric data available at this stage—allows contractors to provide a full, detailed estimate early on. Gone are the days of the simple price per square foot; conceptual estimates are now comprehensive, full estimates!
With Ediphi's cloud-based preconstruction and estimating platform, contractors and their clients benefit from more precise and actionable conceptual cost estimates. This shift streamlines preconstruction and enhances project outcomes.
After adopting Ediphi, one general contractor noted a 30% reduction in value engineering time. Before Ediphi, frequent budget overruns required costly redesigns. Now, more accurate conceptual estimates speed up their preconstruction process. This approach allows contractors to empower their design partners to meet their project design goals within budget faster, keeping projects on target and aligned with financial goals.
Ediphi's cloud-based platform is a significant advantage for contractors getting involved earlier in the design process. By fostering better decision-making and minimizing the need for disruptive value engineering later, contractors become an even greater strategic partner to their customers.