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 ...

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 ...

There are three main areas to estimate before your project starts--effort, duration, and cost. Of the three, you must estimate effort first to understand the total amount of work. The duration can be ...

Pepper Construction chose estimating software that integrates with building information models (BIM) to slash estimating time and cost, and offer project owners custom estimate analyses that drive ...

The following items typically appear in Total Project Cost estimates for new construction and renovation projects. These costs are associated with project implementation, including consultant services ...