Once you have identified the reason for your profit starting to sink, you can make adjustments. Be sure to track these adjustments so (a) you know if your actions are effective, and (b) for historical value in future construction project estimating.
Building information modeling started as a production of 3D design models to help catch architectural system variances and clashes. Since then, it has become an effective tool in project management and ever more prominent in job cost estimating.
Underestimating a project or losing bids by overestimating can seriously erode profits. Too often these problems are caused by errors in spreadsheets.
Does this sound like you? “We are having a hard time winning bids that result in profitable jobs. We can win short-term business by low-balling it, but we cannot survive this way.”
In a super-competitive construction environment companies must prepare more bids quickly and accurately to survive. Here’s how a smaller contractor improved their estimating to compete more effectively.
An Epic Battle You fear that your worst nightmare as an estimator is about to come true. Management is siding with a small group of estimators who want to throw […]
Timberline’s new version 9.6 doesn’t share common application files with Maxwell Systems Estimation. Don’t put these 2 applications on the same computer until both software companies figure a way to resolve the problem. Programmers at Maxwell […]