Procore Improves its Preconstruction Solution for Better Cost and Risk Management

Procore Technologies, Inc., a leading provider of construction management software, announced an enhanced Pre-construction solution at today’s Procore Innovation Summit. This solution connects people, designs, and data across pre-construction and the course of construction on Procore’s platform, with analytics tools to support the entire process.

According to a 2018 study conducted by FMI, correcting work that was incorrectly done or rework cost over $500 billion in 2018. On average, 52% of that rework was caused by insufficient project data and communication. Procore Preconstruction is tailored for owners, general contractors, and specialty contractors looking to win and build more profitable projects while reducing risk and rework. Every project stakeholder can now be connected to a project’s design, estimates, bidding, and budgets within the Procore platform.

Improving Estimates by Connecting Estimating to Financials

Procore Preconstruction starts with estimating and takeoff, and the data flows into bidding and financial tools. This allows users to better manage project costs through all construction phases by connecting the pre-construction teams with the field.

Procore acquired construction estimating and takeoff company Esticom in October 2020. Esticom’s technology is now integrated into the Procore platform and its user interface, enabling users to:

Automatically create their budget and prime contracts directly from an estimate with a single click, preventing critical information from being lost in the transition from pre-construction to operations.

Streamline change management and ensure their total estimated profit is not lost between systems or teams — made possible by connecting drawing markups to evaluating via the Drawings tool.

Build more accurate takeoffs faster with Auto-Count, an artificial intelligence feature that assists in symbol recognition.

Use Procore’s new benchmark data, available within Procore Analytics, to compare the past performance of initial estimates to the final budget at project delivery. The performance of specific specialty contractors across projects of similar size and type can also be compared.

Better Design Coordination to Ensure Constructability

If the first half of reducing cost risk is to make better estimates, the second half is better to design coordination to ensure constructability. Constructability review is an all-hands-on-deck process with the design team. The project team collaborates to flag issues and ultimately ensure that the plans put into action can be delivered as designed.

Procore Preconstruction has tools for effectively managing design collaboration, including:

Coordination issues: This new tool allows teams to track and manage all 2D and 3D design issues in one location and to perform collaborative design reviews on drawings.

“Follow Me” feature in Procore BIM: Users can see all active users reviewing the model and navigate directly to their location with a single click, making design reviews more efficient and effective.

Dynamic 2D Views from Procore BIM: Users can create 2D drawing views of the design from the BIM model. Now teams can see all building systems consolidated in a single thought to ensure everything is coordinated and properly located before construction.

About Procore
Procore is a leading provider of construction management software. Over 1 million projects and more than USD 1 trillion in construction volume have run on Procore’s platform. Procore’s platform connects vital project stakeholders to solutions Procore has explicitly built for the construction industry—for the owner, the general contractor, and the specialty contractor. In addition, Procore’s Marketplace has many partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in Canada around the globe.