Posted: July 31, 2020 | Estimating
As 2020 grinds to the half-way point, we already know this year’s dominant story will be how COVID-19 has changed the construction industry. For a business built on handshakes and casual one-on-one conversations, the concept of remote work and social distancing has been a foreign concept for many to embrace.
Posted: July 24, 2020 | Estimating
It has always been interesting to me when I see an ad, brochure, or website for a construction company that proudly proclaims “free estimates”.
BNi Building News, a Design Cost Data Company, has just released the 31st annual edition of the BNi General Construction Costbook. The completely updated 2021 edition includes a new section providing construction costs by assembly type, represented by major categories designated by UNIFORMAT.
Posted: July 17, 2020 | Estimating
Fifteen years ago, Steve Schmucker started a painting company as a means to pay his way through college. He built a loyal customer base early in his career by providing a high-quality product with personalized service. Fast forward fif teen years and two changes of location, Cedars Woodworking & Renovations took form, and now they are completing $100,000 projects.
The dictionary defines estimating as a “judgement or opinion about something.” A “judgment” about future costs is necessary so that decisions can be made through the construction process. We call this construction cost estimating. Budgetary estimates are generally qualified as “opinions” of probable cost. Of course, the true cost is not known until the project is complete: Until then, an estimate is just a judgement or opinion.