Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

Two key features of a project are on-time and on-budget delivery. The project manager can only fulfill these objectives if the estimates leading to the project schedule and budget are accurate.

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

Like any industry, blame and accolades are an inevitable part of the electrical contracting business. I once heard someone say, “If you could buy people for what they are worth and sell them for what ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

Discover how ConstructConnect integrates data, AI takeoff, and project management help you bid faster and build better than the competition.