Construction Estimating: 4 Winning Tips to ImproveĀ
Construction Estimating: 4 Winning Tips to ImproveĀ
In an era of rising costs and new technology, hereās how to bring more accuracy to construction estimating.Ā When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. The best approach to the construction estimating process begins with a thorough understanding of the project, […]
The post Construction Estimating: 4 Winning Tips to ImproveĀ appeared first on Digital Builder.
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In an era of rising costs and new technology, hereās how to bring more accuracy to construction estimating.Ā When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. The best approach to the construction estimating process begins with a thorough understanding of the project, [ā¦]
The post Construction Estimating: 4 Winning Tips to ImproveĀ appeared first on Digital Builder.
In an era of rising costs and new technology, hereās how to bring more accuracy to construction estimating.Ā When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. The best approach to the construction estimating process begins with a thorough understanding of the project, [ā¦]
The post Construction Estimating: 4 Winning Tips to ImproveĀ appeared first on Digital Builder.
In an era of rising costs and new technology, hereās how to bring more accuracy to construction estimating.Ā When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. The best approach to the construction estimating process begins with a thorough understanding of the project, along with a team of estimators who are deeply familiar with the nuances of quality construction estimating. For contractors and business owners, this stage of ...
In an era of rising costs and new technology, hereās how to bring more accuracy to construction estimating.Ā When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. The best approach to the construction estimating process begins with a thorough understanding of the project, along with a team of estimators who are deeply familiar with the nuances of quality construction estimating. For contractors and business owners, this stage of ...
With bowling and golf, one miscalculation will drastically alter the end result. Similarly, construction estimating is a precision sport. This article discusses strategies to adjust estimates to market conditions and avoid gutter balls and bogeys.
With bowling and golf, one miscalculation will drastically alter the end result. Similarly, construction estimating is a precision sport. This article discusses strategies to adjust estimates to market conditions and avoid gutter balls and bogeys.
The process of building isnāt what it used to be. Construction projects have gotten more complex over the years, and material and labor costs are increasing. Nonetheless, project starts are on the rise. In fact, new data from the U.S. Census Bureau indicates that construction spending reached $376.6 billion during the first three months of 2022, up 12% from the same period last year.Ā Ā New opportunities and challenges highlight the importance of producing accurate estimates. In an industry w...
The process of building isnāt what it used to be. Construction projects have gotten more complex over the years, and material and labor costs are increasing. Nonetheless, project starts are on the rise. In fact, new data from the U.S. Census Bureau indicates that construction spending reached $376.6 billion during the first three months of 2022, up 12% from the same period last year.Ā Ā New opportunities and challenges highlight the importance of producing accurate estimates. In an industry w...
Successful construction projects donāt happen by accident. The most impressive structures and facilities we see today are likely a result of meticulous and well-coordinated planning that took place before the project broke ground.Ā Well-executed projects stem from proper preconstruction planning, a process thatās carried out before the actual construction begins. Preconstruction activities ensure that the erection of a building goes smoothly and without any major problems. Think of it as cr...
Successful construction projects donāt happen by accident. The most impressive structures and facilities we see today are likely a result of meticulous and well-coordinated planning that took place before the project broke ground.Ā Well-executed projects stem from proper preconstruction planning, a process thatās carried out before the actual construction begins. Preconstruction activities ensure that the erection of a building goes smoothly and without any major problems. Think of it as cr...
Takeoffs are critical to any successful project. A well executed quantity takeoff helps the team stay within their budget, deliver work on time, and ultimately maximize profitability on construction projects.Ā This is why preconstruction managers and estimators face tremendous pressure to generate estimates quickly, accurately, and iteratively throughout a project.Ā Unfortunately, most takeoff solutions and processes donāt make these things easy for estimators. They often lack collaboration ...
Takeoffs are critical to any successful project. A well executed quantity takeoff helps the team stay within their budget, deliver work on time, and ultimately maximize profitability on construction projects.Ā This is why preconstruction managers and estimators face tremendous pressure to generate estimates quickly, accurately, and iteratively throughout a project.Ā Unfortunately, most takeoff solutions and processes donāt make these things easy for estimators. They often lack collaboration ...
As the world continues to open back up, weāre starting to see more signs of recovery in the construction industry. Research from Dodge Data & Analytics and Autodesk shows that bidding activity has been increasing since the start of the year. In fact, bidding activity in BuildingConnected was up 36% in January 2021, compared to [ā¦]
The post Goodbye, Spreadsheets: Win More Work with Centralized Bid Management appeared first on Digital Builder.
As the world continues to open back up, weāre starting to see more signs of recovery in the construction industry. Research from Dodge Data & Analytics and Autodesk shows that bidding activity has been increasing since the start of the year. In fact, bidding activity in BuildingConnected was up 36% in January 2021, compared to [ā¦]
The post Goodbye, Spreadsheets: Win More Work with Centralized Bid Management appeared first on Digital Builder.
Evaluating a subcontractorās health before awarding work has become more important than ever for general contractors. For one thing, circumstances can change quickly in todayās uncertain construction industry. For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond.Ā Ā The following standard financial ratios can help risk [ā¦]
The post Key Financial & Safety Metrics for Subcontractor QualificationĀ appeared first on Digital Builder.
Evaluating a subcontractorās health before awarding work has become more important than ever for general contractors. For one thing, circumstances can change quickly in todayās uncertain construction industry. For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond.Ā Ā The following standard financial ratios can help risk [ā¦]
The post Key Financial & Safety Metrics for Subcontractor QualificationĀ appeared first on Digital Builder.
What we in America call Estimators, and what the rest of the world calls Surveyors, have been around for thousands of years. Today, estimators are the unsung heroes of a project team. No matter where you go, they carry the most risk while getting the least amount of recognition for their success. Their success is a critical element of how a company continues operating at a profit for another day. Ā The History of SurveyingĀ To understand how modern estimation got where it is today and exciting...
What we in America call Estimators, and what the rest of the world calls Surveyors, have been around for thousands of years. Today, estimators are the unsung heroes of a project team. No matter where you go, they carry the most risk while getting the least amount of recognition for their success. Their success is a critical element of how a company continues operating at a profit for another day. Ā The History of SurveyingĀ To understand how modern estimation got where it is today and exciting...
Todayās construction landscape leaves very little room for error. With rising material costs and razor-thin margins, construction professionals must ensure that project costs and materials are precisely estimated so they can make accurate projections and optimize their bids.Ā Ā Accomplishing all of this will require you to learn how to successfully approach a takeoff in construction. [ā¦]
The post How to Do a Takeoff in Construction: A Step-by-Step GuideĀ Ā Ā appeared first on Digital Build...
Todayās construction landscape leaves very little room for error. With rising material costs and razor-thin margins, construction professionals must ensure that project costs and materials are precisely estimated so they can make accurate projections and optimize their bids.Ā Ā Accomplishing all of this will require you to learn how to successfully approach a takeoff in construction. [ā¦]
The post How to Do a Takeoff in Construction: A Step-by-Step GuideĀ Ā Ā appeared first on Digital Build...