Structuring Estimates to Reduce Risk
The way you use estimate structures can have a big impact on risk within your business.
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Two Tell-tale Signs that It’s Time for Construction Estimating Software
Spreadsheets are a familiar estimating tool for a lot of industries. Because they’re a staple of the business software mix, they’re an easy choice. That doesn’t mean they’re the best choice for you.
7 Deadly Sins of Spreadsheets: Are Your Construction Estimates at Risk?
While basic spreadsheets were once the de facto standard, they’re no longer the best solution. They lack critical features and functionality that could be putting your profits in danger.
Your Last Estimate Failed — Try This Instead
Your firm can’t afford another bad estimate. Learn how to improve the appeal of your bids with a few easy tips and construction estimating software.
How to Compete for Bigger Construction Projects
Experts estimate that most construction companies only win between 10-20% of the projects they bid. Estimating is often considered to be a numbers game. Here's how to compete for bigger projects.
Your Best Estimator Just Quit - Now What?
According to the Bureau of Labor Statistics, the job growth for cost estimators is projected to increase by 11% by 2024. Here are 3 tips to minimize the impact should your top estimator quit.
4 Margin-killing Construction Estimating Errors—and How to Avoid Them
When you underestimate, you eat into your margins, which are already tight. When you overestimate, your high bid may be the reason you lose the job to a competitor. Here's how to avoid construction.
State of Construction 2018 [INFOGRAPHIC]
The results are in! We surveyed over 1,000 construction professionals in the MEP and field professions to determine the state of construction in North America. Read on to learn more.
4 Problems With Underbidding
Whether your shop needs cash to make it through the month or you could fit in another job, getting that extra gig can make all the difference to your business. But underbidding is a problem.
Here's How Expert Estimators Win More Bids
Estimators personally create more than 100 estimates a year, and most win just less than 25%. Here are 3 tips for winning bids.
Why Specify "Access Control" in Your Construction Bids?
Are you properly protecting your construction workers from hazardous conditions? Learn why access control should be a priority during estimation and project bidding.
5 Things to Remember When Writing a Competitive Bid
Most companies only close on 10 - 20 percent of bids. Learn what estimators can do to help close deals, and the role technology plays in improving the quality of project bids.
You Should Be Training Your Estimators - Here's Why
In the construction industry, it’s important to provide training and professional development opportunities for your estimators. Here’s why.
From Paper to PC: Why Estimators Are Adopting BIM Technology
If you’re one of the pencil and paper estimators, listen up: BIM is more than just a buzzword. There is real-world ROI to BIM technology, and that’s why it’s being embraced by the industry as a whole.
Ways to Understand Labor Costs In Your Estimates
Accurate estimating is a must in the construction industry. You need a good way to estimate the costs involved in any project in order put in a realistic bid. But labor costs can make your estimates..
Are Copper Prices Putting Pressure on Estimators?
The full impact of fluctuating copper prices isn’t simple, and many estimators fail to take crucial variables into consideration. The result is more money lost from an already thin profit margin.
How to Find Talented Estimators During the Labor Shortage
Many essential roles in construction don’t physically involve getting your hands dirty. In addition to skilled labor, estimators are becoming harder to find during the labor shortage.
3 Simple Ways to Save Over 70% on Your Submittals
Some construction firms require estimators, project managers, or administrative assistant to add job submittals to their workload. Here is how you can save time (and money) on your submittal process.
You’re Burning Money Every Month on Job Submittals
Most construction firms could save over 70% of the time and money they invest into job submittals by making just a few small changes to the tools and processes they use to put packages together.
Are Easier and Faster Job Submittals Always Better?
If you’re responsible for creating job submittals for your firm, you’ll agree they’re time-consuming and labor-intensive. Most firms invest 5-7 hours of work into each complete binder that ships out.
The Evolution of the Job Submittal