Mistaken Taboo: Project Overhead

Mistaken Taboo: Project Overhead

Executive summary. Field overhead carries different names with different contractors and owners. Discussed here is what field overhead is, and why it’s important for owners to understand. Project estimation. When a construction project is estimated, a good estimate...
Estimating: It’s an Art and a Science

Estimating: It’s an Art and a Science

Executive summary. Construction estimating isn’t wholly about the numbers. It involves a “feel” in its execution. This is why many say estimating is an art and a science. What is estimating? An estimate is just that. An estimate. Not an exactimate. Getting low on bid...
The Joint Venture Estimate: Setup is Key

The Joint Venture Estimate: Setup is Key

Executive summary. Whether bidding a job together in one shared document, or running comparison estimates, the setup in a joint venture effort is critical to success. Consider establishing the following before starting your estimating effort. And, be consistent. Be...