Course Description

This course aims to inform and demonstrate the principles of rate libraries using iTWO costX®.

info The exercises are based around the use of example files and templates which have been developed for demonstration and training purposes only. Actual implementation of the software and templates will depend on users own resources and specific reporting requirements.

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    Course Features
  • Updated 13 June 2023
  • Version 7.1
  • Modules 7
  • CPD 3 hours

Course Content

  • Module 1
    Course Setup

    In Module 1 we shall import an iTWO costX® Project file, incorporating previously created iTWO costX® Building files, which shall be used as the basis of conducting this training exercise. We shall also import a copy of the Rate Library that was used in the preparation of the Building.

  • Module 2
    Creating and Using Rate Libraries (PFC 3-3)

  • Module 3
    Locations

    In this module we will review the Locations area of System Administration then review and amend an Excel derived .csv rate library to account for different pricing in different locations. Location is not necessarily the location of a project but more so the location of the rate library. We shall then import this library into CostX® and use it to compare pricing across the different locations.

  • Module 4
    Rates & Rate Libraries

    In this module we shall explore built up rates in the workbook Rate sub-sheet, explore built-up rates in a Rate Library, then look at copying these built-up rates between the workbook and Rate Library.

  • Module 5
    Rate Library Maintenance in System Administration

    In Module 5 we shall look at how to export information from iTWO costX® to Excel®, how to generate reports from existing templates and how to create and edit your own report templates. In this we shall look at selecting what data appears on the report and how it is grouped, amending the page layout and adding a logo, and how to preview, save and filter your report.

  • Module 6
    Default Rate Libraries

    We will now create a copy of the ‘Rate Libraries Training Rates (-followed by your name)’ rate library and use it to introduce the concept of default rate libraries.

  • Module 7
    Generating a Workbook from Dimension Groups

    Throughout this exercise we have looked at creating workbooks by dragging-and-dropping the available content from the various libraries within iTWO costX®. Alternatively, it is possible to generate a workbook automatically based on the contents of the Dimension Groups. This is a powerful function, especially when the Dimension Groups have been generated from a BIM Template or Model Map import.


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Certification

When you undertake and finish one of our iTWO costX online training courses, you will receive a certificate that states your successful completion. Add this to your resume to show your iTWO costX expertise and build up your proficiency levels. Increase your chances of continued employment with industry-applicable skills.

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Our online training courses are recognised by several key industry bodies:

  • RICS
  • AIB
  • AIQS
  • NZIQS

If you are a member of one of the above organisations, and you undertake and complete the online training, you can receive CPD points towards your continuing professional development. Update your skills and knowledge today.

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