To ensure an accurate estimate, you must determine all job-related costs. Are you overlooking direct job expenses? Blueprints and specifications often don't indicate these costs. If you don't identify ...

Budgetary estimates are often an overflowing well of frustration for building owners and their representatives. There are just so many ways a budget can go bad. Often, budgeting mistakes can be traced ...

To complete a job, general contractors hire skilled and unskilled laborers to complete specific tasks. Crew workers include framers to finishers and everyone in between. Estimating man-hour ...

The profit you want to earn is just that. It is the amount of money you want to make at the end of the year based on the risk you take and the return you want for being a business owner. I recommend ...

Cost estimators collect and analyze data to estimate the time, money, resources, and labor required for product manufacturing, construction projects, or services. Some specialize in a particular ...

Construction estimating is the process of forecasting a project’s costs. However, true project costs are only known once the project is completed. There are several types of construction cost ...

Let’s cut right to the chase and consider what you can do to improve your efforts to “make” construction estimators for your company. 1. Assess potential estimating skills of existing workers. Though ...

A description and location of the work. Required completion date, if any. The name and phone number of your department's contact person. Except for very complex projects or where the scope of work is ...

Forbes contributors publish independent expert analyses and insights. author of Chained to the Desk in a Hybrid World: A Guide to Balance. With the onslaught of AI, many workers are looking for new ...