Posted: February 4, 2020 | Estimating
Estimating — it’s a jungle out there. Bid too low and you may win the project but lose your shirt. Bid too high and you could be lef t wondering how you arrived at such bad numbers in the first place.
Don Peters has been an estimator for more than three decades. When a prospective client insisted that his business use Bluebeam Revu to conduct an estimate as part of the bidding process for a recent job, Peters felt uneasy.
Posted: December 24, 2019 | Estimating
Ask any cost estimator: Estimating is perfected through experience, practice, and intuition. Bid too low and you may win the project and lose your shirt. Bid too high and you could be left wondering how you arrived at such bad numbers in the first place.
As a consulting estimator, one of the most common questions I get is, “What is the percentage of jobs that you get for your clients?” And my answer is “None!” “I don’t get jobs for my clients. I’m an estimator.”
Construction is a minefield of risks, and cost estimators often have to operate as risk managers. Failure to identify, categorize, and forecast how to mitigate risks during the preconstruction phase can be devastating to a construction company’s financial future.