Remove Construction Remove Estimating Remove Organization
article thumbnail

Relearn Construction Cost Estimating – 4 Critical Learnings

Job Order Contracting

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Also remember that there so NO SUCH THING as an “accurate construction estimate.” Certainly its not the final construction cost.

article thumbnail

Valid construction estimates

Job Order Contracting

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

professionals

Sign Up for our Newsletter

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

article thumbnail

STOP Thinking about ACCURATE CONTRUCTION COST ESTIMATES

Job Order Contracting

Isn’t it time for owners, designers, engineers, and builders to STOP thinking about accurate construction cost estimates? The fact of the matter is that there is no such thing as an “accurate construction cost estimate” Measuring accuracy requires a reliable reference point or datum.

article thumbnail

Poor Construction Estimates – Root Cause

Job Order Contracting

Poor Construction Estimates – Root Cause The are two primary root causes of poor construction cost estimates: Lack of early and ongoing communication between all relevant parties. Failure to use granular, current, and well organized construction cost data specific to the local market.

article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. applied to a outdated cost estimate will introduce significant error. Primary data sources should be used whenever possible. ENR economic index, etc.)

article thumbnail

Cloud-Based Construction Estimating Software: The Easiest Way to Estimate

Viewpoint Construction Technology

There are many reasons to adopt integrated construction software, including flexibility, organization, and project management.

Software 320
article thumbnail

Better estimates.

Job Order Contracting

Better estimates. Verifiable. current local market labor, material, and equipment costs – updated quarterly. appeared first on 4BT. appeared first on 4BT.