Estimating the cost of a construction project is easier said than done. It requires striking a balance between outbidding your competitors and ensuring a strong profit margin. Because construction projects depend on so many factors — environmental, economic, and material — it can be challenging … Read more
When you manage construction projects, you understand the importance of takeoff and estimating. Offering a quote or estimate on a job means that you’re going to need to calculate the probable cost of materials in order to provide an accurate estimate. The takeoff is completed … Read more
Construction projects require careful, close management and risk mitigation to be successful. Without proper supervision or management, they can easily become bloated or prolonged. To preserve costs and ensure project efficiency, construction project managers must make risk assessment and management a key part of their … Read more
When you think of value, it’s likely you think of the benefits you gain from a product or a service, compared to the cost you pay to acquire or use that product or service. When you get your money’s worth out of a product or … Read more