In Part 1 of this installment, featured in the April issue of EC&M, we covered departmental organization as it relates to an estimating department. Good organization allows for maximum productivity ...

The customer mix defines the custom and contract metal fabricator. A shop could have a range of low-quantity and prototype ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Preparing accurate cost estimates is a key function for a successful business, whether the estimate is for internal work or for a customer. Four major methods can be used to estimate what it will cost ...

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

In my September column, I outlined what not to do when trying to set up a commercial HVAC/plumbing estimating department. Using the worst remembered anecdotes and emotional souvenirs, I reviewed the ...

Most everyone understands that the construction industry is not only a big investment, but a long-term one for those who venture down its path. Contractors have a responsibility to do everything ...

A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

This article is the third and final installment in the “Estimating Departmental Checkup” series. Part one covered departmental organization. Good organization will allow for maximum productivity and ...

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...