Posts Tagged ‘construction estimating’
Construction Estimating 101: A Beginner’s Guide to Accurate Project Costs
Accurate project costing is the backbone of any successful construction project. Whether you’re a seasoned contractor or just starting in the industry, mastering construction estimating is essential for staying on budget, avoiding costly surprises, and delivering high-quality outcomes. In this beginner’s guide, we’ll break down the basics of construction estimating, its importance, and how you…
Read MoreHow to Make Sure Your Sinking Fund Won’t End Up Sinking You
The term Sinking Fund conjures up all sorts of negative connotations. Maybe because it sounds like something is sinking? Or perhaps due to the similar wording to sunk costs – ie costs that are already incurred. In reality though, it simply describes funds put aside to cover future expenses that are likely to arise, or…
Read MoreMitigating Your Development Risk with a Comprehensive Construction Estimate
Have you ever noticed on TV house renovation shows that they rarely talk about the budget? Sure, they look at what price they want to get at auction and how much increase that is over the original purchase price (conveniently excluding oh so many costs along the way), and every now and then they rejig…
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