Construction Business Owner

APRIL 25, 2023

4 Types of Construction Estimates You Need Learn about different estimating practices & why accurate cost data is essential mhodges Tue, 04/25/2023 - 14:35 Common Types of Construction Estimates Throughout all phases of a construction project, it is important that project owners have a good sense of what the total cost will be.

Estimating 296

Estimating Construction Life Cycle Materials 296

Job Order Contracting

MAY 24, 2023

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

Estimating 221

Estimating Construction Defense Change Orders 221

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 220

Estimating Life Cycle CSI Construction 220

Job Order Contracting

MAY 28, 2024

Archaic cost estimation methods such as the use of historical data, lump sum subcontractor quotes, and/or national average cost data and location factors, area cost factors, and/or economic factors. What’s needed to improve construction cost estimating? Reduce the number of surprises, disruptions, and change orders.

Estimating 188

Estimating Construction CSI Procurement 188

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 224

Estimating Life Cycle Documentation Schedule 224

Job Order Contracting

NOVEMBER 7, 2022

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.

Estimating 208

Estimating Life Cycle Procurement Construction 208

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The post How to Estimate Duration of Activities in Construction appeared first on The Constructor.

Estimating 203

Estimating Schedule Construction Project Management 203

Construction Business Owner

AUGUST 27, 2023

Harness the Power of Estimating Data to Grow Your Business ccapoccia Sun, 08/27/2023 - 12:23 Estimating is the foundation of every profitable construction business. But if you’re submitting bids without analyzing past project data, you’re missing out on valuable insights to prepare the most accurate estimate.

Estimating 296

Estimating Bidding Profitability Foundation 296

Job Order Contracting

JUNE 1, 2022

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. CORE PRINCIPLES.

Estimating 230

Estimating Construction Procurement Architecture 230

Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

Estimating 250

Estimating Construction Procurement Overhead 250

Job Order Contracting

MAY 24, 2023

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. via 4BT.us – Verifiable local market granular construction cost data and support program and estimate management technology.

Estimating 202

Estimating Construction Organization Management 202

Construction Business Owner

JUNE 15, 2022

Estimating Software as a Critical Investment. When Don Pearson struck out on his own to start Tenex Contractors in early 2021, he brought along a trusted partner: the enterprise-class software for estimating that he was familiar with. Wed, 06/15/2022 - 11:00.

Software 295

Software Software Estimating Contractors 295

Construction Business Owner

MARCH 1, 2024

Strategic Cost Estimation for Contractors in 2024 ccapoccia Fri, 03/01/2024 - 16:03 As we navigate the complexities of the construction industry in 2024, the ability to provide accurate cost estimations remains the cornerstone of a contractor’s success.

Estimating 156

Estimating Contractors Roads Profitability 156

Job Order Contracting

AUGUST 3, 2022

Accuracy is a very common term used in describing the primary attribute required in construction cost estimates. The use of the term accuracy in concert with a construction cost estimate is questionable is questionable at best but is sheer lunacy if the standard is the final construction cost! – Oxford Languages.

Estimating 205

Estimating Construction Procurement Renovating 205

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 199

Estimating Construction Risk Documentation 199

Job Order Contracting

MAY 21, 2022

Effective construction cost estimating must be done at a detailed line-item level using local market data. contact-form] The post Effective Construction Cost Estimating appeared first on 4BT. Learn more?

Estimating 234

Estimating Construction 234

Job Order Contracting

APRIL 26, 2022

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service.

Estimating 241

Estimating CSI Procurement Construction 241

Job Order Contracting

SEPTEMBER 18, 2023

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work.

Estimating 204

Estimating Construction CSI Compensation 204

The Constructor

APRIL 9, 2022

Analogous estimating is an estimation technique that uses the historical data of old projects to estimate the cost for similar new projects.

Estimating 180

Estimating 180

Construction Business Owner

AUGUST 27, 2023

Replace Spreadsheets for Faster, More Accurate Estimating ccapoccia Sun, 08/27/2023 - 12:36 “Slow” and “clunky” are adjectives Jeff Sparkowich used to describe estimating with spreadsheets. The estimator at New Hampshire dismantling and sitework contractor S.J.

Estimating 156

Estimating New Hampshire Software Software 156

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. A credible cost estimate is one that has been derived using local market granular information. A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 188

Estimating Construction Renovating Products 188

Job Order Contracting

MARCH 3, 2022

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

Estimating 213

Estimating Construction Procurement Regulation 213

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate. ” Preparing an Owner’s Estimate.

Estimating 264

Estimating Contract Documentation Office 264

Cassell Construction Estimating

OCTOBER 5, 2023

Intorducing The New Sage Estimating To Vista Exporting Tool Quickly convert your sage estimates into a viewpoint vista project management budget Works with the sage estimating versions 9.8

Sage 130

Sage Estimating Subcontracting Viewpoint 130

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The post How to Estimate Duration of Activities in Construction appeared first on The Constructor.

Estimating 130

Estimating Schedule Construction Project Management 130

Job Order Contracting

JUNE 21, 2023

This enables simplified data management and the ability to update estimates with various other databases as needed. #4 Our platform can manage multiple Programs, Contracts, Proposals, Estimates, Work Orders, Documents, Forms, Contractors/Subconstractors, Teams, Buildings, Graphics, Issues/Tasks, and even leverage BIM information.

Estimating 217

Estimating CSI Defense BIM 217

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Estimating Training – Bid Day Emergency – File Won’t Open I had an urgent support call recently from one of our Montana contractors who use Timberline Estimating. Here’s how: Make sure EVERYONE is out of Timberline, (both Accounting and Estimating). We specialize in Timberline Estimating Training, give us a call.

Estimating 100

Estimating Bidding Montana US 100

Job Order Contracting

MAY 21, 2022

There is only one sole source of truth for construction cost estimating, locally researched detailed line-item unit price data and associated quantities. contact-form] The post Construction Cost Estimating – Single Source of Truth appeared first on 4BT.

Estimating 230

Estimating Construction Defense Risk 230

Job Order Contracting

SEPTEMBER 21, 2022

NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information. The post JOC Program Line-item Estimating appeared first on 4BT. Verify all aspects of the direct work (e.g.,

Estimating 200

Estimating Comparison Electrical Organization 200

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The variability of an activity's duration may also be considered.

Estimating 130

Estimating Schedule Construction Project Management 130

Cassell Construction Estimating

OCTOBER 5, 2023

Focus: Estimating & budgeting for Department of Defense projects, facilities, manufacturing, and public utilities. contractors, government agencies, owners Quick evaluation: Easy to use right out of the box for estimating & budgeting. 1 Disadvantage : US Cost Success Estimator is a mature product with little active development.

Estimating 100

Estimating US Defense Budgeting 100

Job Order Contracting

JULY 24, 2023

The ONLY cost estimating solutions with C URRENT, LOCAL MARKET, LINE ITEM construction cost data! Estimate FASTER and with CONFIDENCE! contact-form] The post Take CONTROL of your CONSTRUCTION COST ESTIMATING appeared first on 4BT.

Estimating 131

Estimating Construction 131

Job Order Contracting

MARCH 9, 2021

Unit Pricing Estimating within the CSI MasterFormat is the most reliable and efficient means of ascertaining construction costs based on materials, labor, and equipment content, and it just got better. Unit Price Estimating. All costs are summed to obtain the total estimated construction cost. Submit a form.

Estimating 264

Estimating CSI Construction Equipment 264

Job Order Contracting

MARCH 5, 2021

Construction cost estimate validation is a process to determine the relative level of reliability. Any use of the work accuracy with the word construction estimate is simply foolish. Construction cost estimate validation is basically an objective risk analysis and assessment of information reliability. via Four BT, LLC.

Estimating 162

Estimating Construction Materials Risk 162

The Constructor

AUGUST 6, 2022

The post How to Estimate Rate of Evaporation on Concrete Surface? If the rate of evaporation is high, concrete surface can lose water quickly, leading to workability issues and plastic shrinkage cracks. Plastic shrinkage cracks make the concrete vulnerable to ingression of water and chlorides and provide an unpleasant […].

Concrete 271

Concrete Estimating Materials 271

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Software Support Issues Listed below are 4 common Timberline Estimating issues and their solutions. Issue: Attempting to open a Timberline Estimate, message appears, “File needs to be inspected”, followed by message, “File is corrupt” a. Issue: Estimator uses hours as takeoff unit for Labor items, for crew-based tasks.

Estimating 100

Estimating Software Software Budgeting 100

The Constructor

NOVEMBER 5, 2020

Approximate estimate, also known as preliminary or rough estimate, helps to find out the approximate cost of a project in a very short time.

Estimating 261

Estimating Engineering Management Construction 261