Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

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 ...

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

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Buildxact has introduced a new suite of AI-powered tools designed to help residential builders, remodelers, and contractors manage projects more efficiently and improve profitability. The platform’s ...

Everyone knows that if you plan work early, you will be more productive and profitable on a project. It’s also a well-known fact that it’s difficult to plan and run a construction job because of ...

Predicting project costs accurately is essential for contractors and construction companies, and it can be made possible using the right estimating software for commercial construction. Such software ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...