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 ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

As the oil and gas industry explores new regions, the role of cost estimating to support the projects becomes more challenging. Cost estimating for the most part is a specialized field whose end ...

Although technical considerations are normally in the forefront as companies plan automation upgrade projects, cost is often the factor able to outweigh all others. All the wonderful ideas about new ...

Manufacturers with make-to-order business models or capital equipment are project-oriented – and they need an ERP system that can connect the shop-floor and work-order schedules directly into a ...

Accurate and precise cost assumptions are critical to developing short-term and long-term budgets for planned projects. Budget planning assumptions help businesses create contract proposals that ...

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 ...

Interstate Bridge project cost estimates soar up to $17.7B Funding gaps remain despite $5 billion identified from state, ...

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The last official cost estimate was $6 billion in early 2023. In recent months, project officials have told state lawmakers that the new estimate wasn't ready yet.