Estimators have never had it easy in the rough-and-tumble world of construction cost estimating—especially when using traditional 2D files or drawings for quantity takeoffs and cost estimates. More ...

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

The construction industry is undergoing a digital revolution, with advanced tools transforming the way projects are planned, budgeted and executed. Estimating software is one such innovation, offering ...

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 ...

Maintaining cost-efficient information technology infrastructure is a key operational task of small and large companies. Frequent survey of a firm's IT infrastructure can help a business avoid ...

CAMBRIDGE, Mass.--Consider the following scenario: A project manager at a major aerospace company is about to bid on the development of a new air fighter for the U.S. Air Force. The bid must bring the ...

The ability to consistently get accurate cost estimates for new products and parts is elusive. Cost estimates are inherently imprecise, and the underlying drivers can change daily based on the price ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

The state enforces rigorous regulations to protect wetlands, coastlines, and endangered species habitats. Construction projects often require environmental impact studies, permitting delays, and ...

In an era of tighter budgets and economic uncertainty, you’d expect companies to be obsessed with cost. And yet, in many instances, cost overruns, vague estimates and budgeting surprises are still ...