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 ...

From fluctuating material prices to unexpected changes in project scope, financial challenges often arise during the construction process. Traditionally, managing these costs required labor-intensive ...

Estimators have never had it easy in the rough-and-tumble world of construction cost estimating—especially when using traditional 2D files or drawings for quantity takeoffs and cost estimates. More ...

Most everyone understands that the construction industry is not only a big investment, but a long-term one for those who venture down its path. Contractors have a responsibility to do everything ...

Developing accurate, thorough and defendable cost estimates on a consistent basis is an arduous and – sometimes – imposing undertaking. Every project estimate can take on a life of its own, with ...

1build, a real-time data platform for construction estimating, today announced new features for its all-in-one construction and cost estimation platform — now with real-time pricing data for labor and ...

As pressure increases to understand capital cost prior to the first spade touching dirt, more healthcare owners are turning to a Parallel Estimating process to improve understanding of exposure and ...

Historical data can help develop surrogate cost estimates for pipeline construction, potentially replacing a more costly full engineering study. A complete engineering package likely provides the best ...