There are three main areas to estimate before your project starts--effort, duration, and cost. Of the three, you must estimate effort first to understand the total amount of work. The duration can be ...

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 ...

If you’ve ever remodeled your kitchen, then you’ll know exactly what I’m talking about. You decide you want a new kitchen. You get estimates from contractors. It’s expensive, but you take the plunge.

Estimates are one of the most crucial aspects of planning a construction project. Since it is associated with forecasting the total job costs, a good estimate should contain all the expenses that are ...

When small business owners need contract work done, they almost always ask for bid estimates from contractors that detail the expected costs and time required to complete a project. Analytical ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

To complete a job, general contractors hire skilled and unskilled laborers to complete specific tasks. Crew workers include framers to finishers and everyone in between. Estimating man-hour ...

The long-planned replacement of the Interstate 5 bridge connecting Portland and Vancouver is expected to cost between $5 billion and $7.5 billion, new project estimates show. The new ...