Gordian Data Insights – Cost Trends delivers an intuitive, powerful dashboard for immediate insight into construction costs — past, present and future. It enables users to grasp overarching trends and explore specifics, from regional details to itemized labor, material and equipment cost trends, all through an interactive interface. Leveraging RSMeans Data with cutting-edge analytics, the dashboard offers a 10-year look-back on historical cost trends along with forward-looking predictions up to three years into the future. Predictive trends use advanced data science and AI to forecast costs, enabling stakeholders to navigate market volatility with confidence. The dashboard’s clear visualizations make complex data easy to understand, facilitating strategic data-driven decisions and cohesive planning without the need for deep technical knowledge. Gordian’s solution is the key to informed budgeting and forecasting, offering a singular platform for accurate, actionable construction cost intelligence.

Features:

• Comprehensive Independent Data: A robust set of historical and current data powered by RSMeans Data, reducing errors in bidding and budgeting.
• Regional Insights: Location-specific cost data enables accurate budgeting and planning, accounting for market variations.
• Construction Cost Breakdowns: A holistic view broken down into granular components, including labor, material, equipment and division, for precise cost analysis.
• Dynamic Data Visualization: Clear visualizations make complex data insights easily digestible, empowering non-technical users to make well-informed decisions.
• Adding Context to Understanding Costs: The dashboard provides historical trend context with views into the future, offering a comprehensive understanding of market trends.