Product

Forest

Automated Planning of Construction Projects

Forest is a web platform for automated project planning of construction projects. This includes the calculation of cost intervals as well as missing items in the bill of quantities through a self-learning algorithm. The estimation accuracy thereby improves continuously with each new estimation.

Our application is compatible with your existing IT landscape and supports integration with Excel, SAP, iTWO and other systems.

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The Problem

  • The planning of building services' engineering and industrial plants is complex and subject to high uncertainties
  • Accurate cost estimation is often not possible due to lack of a full Bill of Quantities in early phases
  • Lack of transparency makes it difficult to prepare cost estimates and evaluate suppliers' offers



The Solution

  • Self-learning algorithms increase estimation accuracy and automatically respond to price changes
  • Geographical factors can be automatically integrated into the planning process by adding external data sources
  • Fully automated market analysis replaces the manual solicitation of bids from individual subcontractors

Client's testimony

"We are confident that the prototype we are collaborating on will make our cost-estimating workflows leaner, more reliable and faster."

Enrique Martinez
Head of Construction Estimation

how it works

01

The input

Location
Production line
Type of construction plan
Building area characteristics
► Additional key indicators
► Optional: Preliminar Engineering

02

The output

► COSTS
• Prices and All-In-Rate per location
• Total costs
• Benchmark-Prices

► ACCURACY OF ESTIMATION
• For location and overall project
• Based on the AACE International guidelines

► MAN-DAYS
• Cost estimate by department
• Optimized personnel planning between multiple locations

► ENGINEERING
• Fill in absent positions in the bill of quantities
• Allows more precise estimation when engineering quantities are missing

Advantages

IMPROVED COST ESTIMATES

The estimation accuracy is progressively improved to more than 80%, allowing for reliable data-driven decision-making


ACCELERATION OF PLANNING

A detailed project schedule and per-quantity price analysis are created in minutes and can be exported for further investigation

OPTIMIZED PLANNING

AI-enabled simulation of project parameters enables planning of projects more efficiently and saving costs



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