Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...
New report reveals why projects continue to fall short of expectations and what differentiates high-performing firms from the rest.
The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...
In a previous column we discussed work load management as a basic requisite for keeping your company on an even keel through these challenging economic times. The next basic, perhaps the most ...
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 ...
Even with the continued industry trend (perhaps because of it?) of separating the career paths, job descriptions and responsibilities of senior- level estimators and project managers, knowledge of how ...
A project manager is one of the most crucial cogs in the project management cycle. The success or failure of a project depends on her ability to be a team leader and to anticipate issues in the chain ...
Buildxact has introduced a new suite of AI-powered tools designed to help residential builders, remodelers, and contractors manage projects more efficiently and improve profitability. The platform’s ...
Predicting project costs accurately is essential for contractors and construction companies, and it can be made possible using the right estimating software for commercial construction. Such software ...