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? Are you turning a profit? How do you stack up against the competition and what are they doing better than you?
In a perfect world every project estimate or sale quota was right on target and no adjustments need to be made……. oh yeah and then you wake up.
Taking a hard look at project estimates and their rate of success is imperative for course adjustment to your business model.
In business, as in life, you can be sure of one thing…… everything is temporary.
Everything eventually changes; good, bad, rich or poor. It’s natures law.
Ironically you’ll learn more from your failures. It’s easier to identify what didn’t work than why something was successful.
Success has a way of breeding complacency and failure promotes urgency. Staying successful is a more difficult status to maintain. Those companies who have achieved some success need to continue searching for leaner and better means and methods to sustain those results.
The most profitable and efficient construction companies have learned to get better results doing more with less. Outsourcing has greatly aided their efficiency effort.
Why sustain a staff with top heavy overhead when using an outsource estimating company can cut annual expenses?
Closely analyzing where expense savings can be realized will go far in your endeavors toward success and outsource estimating is a great aid to that end.