How to Improve your Estimating Procedure

Good estimating minimizes contractor’s risk and facilitates project management and defines the scope of work.

  • Company labour tables and current material prices should be stored in your database.
  • Manual estimating is not cost effective and it is subject to more errors and omissions.
  • Computerized estimating should automate and expedite the manual estimating process.
  • Establish the company labour unit sand labour factoring tables.
  • Maintain current material pricing.
  • Establish an estimate review procedure.

 

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