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 ...

Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

Any project manager knows that no project is completed in perfect circumstances. So you should use the following process and techniques if you want to make your schedule estimate as realistic as ...

Like any industry, blame and accolades are an inevitable part of the electrical contracting business. I once heard someone say, “If you could buy people for what they are worth and sell them for what ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

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 ...

These skills gaps also directly correlate with the industry's most pressing operational challenges identified in the study.

Marlee Benson is a tenacious advocate for both established and up-and-coming women in the construction industry. Through her role as a construction manager at Oppidan Investment Company and outside ...