If you’re a busy contractor, odds are you may be losing sleep over where to find more craft workers for the field or how to improve your bid-to-win ratio. But did you know your chief estimator or project manager may be tossing and turning over their IT budget?
Posted: February 29, 2020 | Estimating
Only yesterday, things we take for granted now, such as computer aided design, BIM, and on-screen takeoff, were still unfulfilled promises on the horizon, destined to make the lives of constructors easier and less stressful. But have they? Is it possible that we have become too dependent on these new advances, and that they have lured us into a false sense of security about our work?
Posted: February 21, 2020 | Estimating
Construction estimating is a balance of art and science. When construction firms engage in the very beginning of a project, the scale seems to tip more toward the art component than the science. However, since project schedules and design fees have less room than ever for course corrections, the necessity of well-informed cost certainty at these early stages requires a scientific approach. These early efforts depend upon project cost history or robust cost models (or even both).
Estimating is one of the most important functions that any business executes every day. Customers want to know how much something will cost them before they pay for it, and an accurate estimating process gives them piece of mind as well as keeps your business from entering into the red. Across numerous industries, Microsoft Excel spreadsheets have been the common tool for estimating. As technology and programming have significantly advanced, businesses still operating with excel are falling behind those that have adopted to the new wave of advanced estimating software.
The construction industry’s leading provider of cost data, BNi Building News, has partnered with Sigma to deliver today’s most powerful estimating package.