Executive Summary. Paramount to cost control is a superintendent’s and project manager’s ability to know cost in real time. Knowing the daily cost of an operation and how to run “what-if” scenarios can protect a budget. Below are some basics to draw upon....
Executive Summary. Lots of times we hear from Engineers that Contractors have fat and contingencies in their estimates. On a low bid wins scenario, that’s just not the case. Look behind the curtain here at some real numbers. What job are we talking about here? My...
Executive Summary Many approaches exist for estimating – two of them being a theoretical approach versus a production history approach. One is based on what you think, the other on what you know. These terms may not be familiar to you, but the difference in execution...
Executive Summary Many challenges in a project can be flushed out in the pre-bid phase with clear and concise questioning to the Owner. Consider these questions as a part of your bidding procedure. The Bidding Procedure The procedure’s quite simple: there’s an...
Executive Summary A common mistake in estimating is the cost of an overtime manhour. Overtime is generally not one and one-half times the straight time rate. It’s usually closer to 1.30. What’s in a labor rate? A labor rate is a combination of three numbers: the...
Executive Summary There are differences in an hour: a manhour, a crewhour, a 50-minute hour. And an hour’s not a day, so there is another calculation for a manday. Here is a quick explanation of these estimating terms. Definitions There are several ways to estimate...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...