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Estimating


The American Society of Professional Estimators Presents Its Three 2018 Industry Award Winners

The American Society of Professional Estimators Presents Its Three 2018 Industry Award Winners

Posted: October 30, 2018 | Estimating

The American Society of Professional Estimators (ASPE) presents its 2018 industry award winners. The following are three of the ASPE award winners.

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Economy of Scale Application in Construction Cost Estimates

Posted: July 31, 2018 | Estimating

When it comes to building or general construction, we do not commonly find published tables available for applying modification factors according to scale. Some cost data publications indicate scale factors for selected items, but for other items, estimators must develop their own. Economy of scale is applicable for any estimate – from conception to the final design. In the absence of published tables, estimators develop their own adjustment factors with available data.

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Opinion of Probable Cost Estimates

Posted: March 15, 2018 | Estimating

Our estimating department gets frequent requests from architects and potential clients to provide budget estimates for upcoming projects that are still in the planning stages. These requests usually come with a short narrative and a simple sketch or a few pages of schematic plans. I prefer to call our response to these requests, “Opinions of Probable Cost” (OPC) Reports. Another favorable term used is a “Conceptual Estimate.”

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We Came In Under Budget – Said No One Ever

Posted: January 3, 2018 | Estimating

Rifka Malik, CPESC, CPE, explains the critical components of a construction cost estimate.

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Implementing Estimating Software? Don’t Do These Five Things

Implementing Estimating Software? Don’t Do These Five Things

Posted: January 2, 2018 | Estimating

Last year, The Korte Company undertook a major software implementation: We upgraded to a new estimating platform across all of our nationwide offices. The transition was kicked off in April 2017, and by November, all 20 of our estimators across the country were trained and ready to use our new software, DESTINI Estimator by Beck Technology, on every project. During the eight months of hands-on work in between, we learned just how much a solid implementation plan matters.

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