An accurate cost estimate can make or break a construction project. Starting with an excellent estimate leads to smooth sailing for all stakeholders—from architects and engineers to project managers ...

Construction estimating is the process of forecasting a project’s costs. However, true project costs are only known once the project is completed. There are several types of construction cost ...

Creating a construction cost estimate can be quite a puzzle. As with puzzle mastery, there are proven methods an estimator can follow to put all the pieces together efficiently. This guide from ...

Preparing an estimate for a painting job requires knowing all the details the service will entail. Certain jobs may include extra duties along with the painting, requiring you to inquire regarding the ...

Within the labor category, there is direct labor and indirect labor. Direct labor goes directly into the product, while indirect labor contributes to the company's overall labor requirement.

Like the familiar adage, “Which came first, the chicken or the egg?,” every building project starts with the same conundrum: Should the client and its design team establish a budget and design a ...

I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like ...