Tag: cost

Forecasting with Confidence

Forecasting feeds the lifeline of the financial health of a company,” he says. “If owners and CEOs want to prevent profit fade during construction projects, they must equip project managers with sophisticated software tools that allow the managers to project costs accurately.

Cost Codes: What, Why & How

Executive Summary:  Many construction companies run their operations with too little specificity; costs ought to be reviewed on an activity-by-activity basis.  Learn what, why and how to […]

Project Management Triple Constraint

Executive Summary: There’s an adage, fast/cheap/good, pick any two. This relates to the Project Management Triple Constraint. It also has other names like Iron Triangle […]

Cost versus Price

Executive Summary: Cost and price are two different measures of money in a construction bid. Knowing the difference is fundamental and can improve profit. What […]

Why track extra costs… and how?

Executive Summary: Whether you use a functional cost coding system to track the cost of your original scope or not, it is imperative that you […]

Calculation of Owner’s Estimate

SJCC received the call to assist with the Owner’s estimate on this project due to the magnitude of the job and the accelerated pace of […]