Remove Budgeting Remove Deals Remove Estimating
article thumbnail

Construction Estimating Made Easy

Viewpoint Construction Technology

Using a web- or cloud-based software solution is also the best way to increase your estimate accuracy and improve profitability. Quick, accurate estimates can be a fast and efficient way to grow your business. If you’re still using paper to estimate and bid, you know it can be a slow moving, time draining process.

article thumbnail

Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

These were jobs that simply didn’t move forward after the bidding process because, even with multiple GCs submitting their best pricing, construction costs were higher than what was estimated on the client’s pro forma – an analysis that projects a project’s financial return. An overall rise in construction material costs.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Estimate Construction Costs   

Autodesk Construction Cloud

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. When projects go over budget, they result in frustration, delays, missed timelines, terminated relationships, and loss of reputation for companies. Far and away one of the most common reasons, however, is inaccurate budget estimates.

article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. How construction loans work.

article thumbnail

LEAN Collaborative Construction Practices Construction Cost Estimating

Job Order Contracting

LEAN Collaborative Construction Practices Construction Cost Estimating. LEAN Collaborative Construction Practices Construction Cost Estimating. Thus the process of generating an actionable construction cost estimate can be defined as a quantitative assessment process generates a detailed line item construction cost estimate.

article thumbnail

What are Today's Best New Retail Developments? | Hard Hat Chat

HardHatChat

It doesn’t matter what kind of new shopping center construction you desire–whether it is a Power Center, a Lifestyle Center, or a strip mall in a high-traffic infill location–nothing will be built unless the numbers make sense for the commercial construction budget. Construction budgets can make or break a deal. Best Practices.

Retail 216
article thumbnail

7 Ways Contractors Can Save Money

Viewpoint Construction Technology

When you’re dealing with jobs that are in the six, seven, and even eight figure budgets, project management can become very complex with many variables to account for. If another outfitter can provide a better deal, see if your go-to company can meet or beat it. Invest in quality tools upfront.

Viewpoint 214