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Estimating With Microsoft Excel
Estimating With Microsoft Excel
Estimating With Microsoft Excel
Ebook239 pages1 hour

Estimating With Microsoft Excel

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Creating estimates for your new residential construction project just got a little easier. In Estimating with Microsoft Excel, Third Edition, Jay Christofferson, a recognized expert in computerized estimating, details step-by-step how you can save money and time by using Microsoft Excel 2007 to develop estimates that are reliable enough for your most important management decisions. The book and CD includes formulas for calculating concrete, rebar, labor, permits, taxes, and more, and demonstrates how to apply them in your everyday construction project management.You'll learn essential skills for programming basic formulas to automating Excel to integrate with other software packages— Estimating with Microsoft Excel will show you how to eliminate time-consuming steps and repetitive work by-- setting up an accurate, efficient estimating system creating databases writing formulas adapting shortcuts Boost your profit margin with the power of Microsoft Excel 2007!Jay Christofferson is a master in the industry. I can't imagine how we could run our business without Excel and the teaching and training that he has provided us. --Chad Magleby Vice President, Magleby Companies 2007 NAHB Custom Home Builders of the YearThis book teaches essential skills for a successful career in construction and beyond. What you learn from Estimating with Microsoft Excel will build your confidence and increase your versatility in today's world of work. —Matthew Edwards Professor of Construction Management Southern Utah UniversityLearn how to budget and estimate using Excel with this great resource written especially for builders. --Skip Howes, CGP Scott Homes Ltd. Woodland Park, ColoradoMost builders wear many hats in their companies. They need quick solutions for understanding and managing costs. Jay's step-by-step approach teaches builders how to rapidly deploy Excel to create estimates that will improve their bottom line. —J. Bradley Simons President Cottage Homes Corporation
Release dateJan 1, 2010
Estimating With Microsoft Excel
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    Estimating With Microsoft Excel - Jay P. Christofferson



    Most people have Microsoft Excel® installed on their computers and they are increasingly proficient using the software. However, most users do not realize the full capacity and power of computerized spreadsheets in automating and simplifying a multitude of office tasks. Adapting to and becoming competent with computer skills, including using the full capability of Excel®, are analogous to using a power saw rather than a handsaw to build. The knowledge you will gain by reading this book and practicing the examples provided will help you transition to using the power saw.

    One of my favorite cartoons shows a medieval general leading his army into battle. The army is arrayed for battle, with shields held high and spears in hand. The general stands next to an aide, who is trying to introduce a salesman to the general. The salesman is peddling a machine gun. The general’s aide is trying to catch the attention of the preoccupied general but is waved off. The caption under the cartoon reads, No! I can’t be bothered with new technology … we have a battle to fight!

    As a builder, you understand the payoff for the time you spend to sharpen a saw or oil a tool. Likewise, knowing how to apply new technology to your construction business management practices is the only way to maintain your competitive edge. Without this knowledge, you may survive, but your business won’t thrive. Although you may win the battle, you will lose the war. That is, although you may be able to break even or perhaps earn a small profit doing construction, you will not attain long-term profitability and growth.

    This book presents the basics of using Excel® spreadsheets for new users and it offers tips for experienced users too. It is organized to help you scan for topics you are not familiar with and skip areas in which you are proficient.

    The book will teach you how to create customized Excel® spreadsheets that will save you time and increase your professionalism. Following the book’s guidelines, you will be able to create estimates that are both accurate and visually appealing.

    You will learn how to set up and organize your spreadsheet estimate into a summary sheet with detail or work-up sheets backed by databases that store the cost information. More specifically, you will learn how to

    create and use formulas that will automatically calculate quantities

    use functions to look up information from databases and detail sheets

    link information

    navigate spreadsheets

    use macros to automate your work

    calculate profit and overhead accurately

    implement controls to add functionality to spreadsheets

    To make the most of this book, you will need to have Microsoft Excel® 2007 installed on your computer. You can download a 60-day trial version of Microsoft Excel® 2007 online at www.microsoft.com. Simply search for Excel® 2007. This program will run with either the Windows Vista or Windows XP operating systems.

    Each teaching module in this book includes step-by-stcp examples to practice using companion workbooks available at http://www.nahb.org/Estimating. Each Microsoft Excel® 2007 workbook corresponds to a chapter in the book and contains the completed worksheets illustrated in the chapter. These worksheets include both detail sheets and databases. The databases are identified by DB at the end of the worksheet names. You will notice that some workbooks are macro enabled. (Their icon includes a yellow sheet with an exclamation point.) This means that they have an embedded computer code that will execute with a specific keyboard sequence or after a worksheet object is clicked. To allow the macros to run, you will need to save these workbooks using the save option Excel macro-Enabled Workbook."

    To open the files

    Point your browser to Error! Hyperlink reference not valid..

    Click the hyperlinkcd text to download the companion practice workbooks.

    When the window pops up asking if you wish to open or save the file, click Save.

    Choose the location where you would like to save the file (Desktop, My Documents, etc.), and click Save again.

    Open a blank worksheet, follow the instructions in the book, and compare your results with the completed worksheets you downloaded.

    Choosing Hardware

    Your system hardware will determine how well Excel® performs. Upgrading the random-access memory (RAM) of your computer’s hardware will usually increas