In dealing with remodeling of public buildings, it’s not smart or even possible for a contracting company to chase every opportunity that comes along for bid. The actual selection process of choosing which projects to go for consists of making a choice from all the opportunities, and deciding which will justify a commitment of company resources.
Posted: April 17, 2020 | Estimating
If you were to ask someone what makes a building beautiful, most people would doubtless answer with something like this: gorgeous hardwood flooring, eye-catching wallpaper, beautiful light fixtures. You probably wouldn’t hear anyone talking about an incredibly well-designed foundation or a beautifully executed frame. But without the foundation or the frame, all of that visually appealing interior design would have nowhere to go – and without the wallpaper and the flooring to transform the insulation and the concrete, not many people would want to purchase the building.
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).