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 ...

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 ...

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 ...

As you complete puzzles, you build puzzle-building habits. The same could be said for creating construction cost estimates — the more you frequently you do them, the more efficient you’ll become.

Opinions expressed by Digital Journal contributors are their own. In the bustling realm of construction, where meticulous planning and execution are paramount, construction estimators stand as the ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

Predicting project costs accurately is essential for contractors and construction companies, and it can be made possible using the right estimating software for commercial construction. Such software ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The construction industry has been known to be notoriously ...