So another year is just about in the books. Construction estimating requires constant adjustment to stay competitive; to land your share of projects. How accurate were your project conclusions? It’s time to review your approach and measure those results; to see what’s working, what’s not and how to adjust. Are you losing your market place? […]
Archives for November 2011
Responsible Construction Estimating loses to Irresponsible Construction Estimating. Who is the Real Loser?
The entire construction industry has undergone a change. Estimating for construction projects has become more difficult. Fewer project start-ups has more contractors bidding on less opportunities. Today’s world is a much different place than twenty years ago. Unfortunately, through a growing economy and a false sense of security, it took only a few greedy wall street executives and […]
Hear one, Hear all….. It’s Time to Estimate; It’s already Mid Fall
Hey Contractors….. are you prepared for winter? It’s mid November and winter is on the way. As the holiday season revs up, your project opportunities slow down. Along with the seasons distractions and rising spirits comes the reluctance of spending money on construction projects until spring. For contractors this means one thing; time is of the essence in getting […]
Low Bids Benefit Building Owners
Does the owner benefit from the lowest bid? Not always. Scenario: A company needs to expand it’s facility. Their accounting department has established a project budget that can not be exceeded and, if adhered to, the project is feasible. The committee agreed that minimizing design and consultant fees would leave more for constructing the building. The project design begins and takes months […]
I Got it, I Got it, I Got it… No you Got it
This was the project you wanted; no needed. You’ve heard about the project coming for sometime now and it’s here. You have a great working relationship with all the players; the Architect, Inspectors, Fire Marshall and you know the owner well. It is perfectly suited for your company, right in your wheelhouse, ideally located and there for the taking. You think, okay this […]
Estimate Done, Bid Won but No Time to Relax
So bid day has come and gone. You’ve won that project and succeeded in achieving your goal. All the hours of estimating and project analysis have paid off. The sweet smell of success is in the air and you can now take a deep breath, right? Wrong. Yes, all those efforts have paid off and you have that euphoric feeling, however this […]