One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

Two key features of a project are on-time and on-budget delivery. The project manager can only fulfill these objectives if the estimates leading to the project schedule and budget are accurate.

Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

By taking the time to do a good, accurate, material estimate you will have a much greater opportunity to increase your bottom ...

Every electrical contractor knows (or should know) that the greatest risk in construction is labor. Many factors and conditions can cause a project’s labor productivity to be less than optimum. In ...