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Estimating - Best Practices
24 March 2015
Read Time: 2 Mins
You / your team members are likely to be very experienced in some areas, and less so in others. The area an individual has least expertise in will generally be the area where they have the greatest margin of error. They may make errors that include omissions, incorrect product selection, inappropriate use of labour rates etc. All of which will impact on your bottom line.
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Estimating - Best Practices
20 March 2015
Read Time: 2 Mins
A robust estimating process can not only safeguard your estimates and reduce the risk of errors, but can lead the way to more profitable jobs.
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Estimating - Best Practices
24 February 2015
Read Time: 3 Mins
Last minute changes, or those made in a hurry, are inherently a risk to your business. Do you manage your last-minute changes effectively or could you do more? Inevitably people want changes made at the last minute or in a hurry. Clients request changes with quick turnaround and internal decisions require that estimates are altered.
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Estimating - Best Practices
10 February 2015
Read Time: 2 Mins
Value engineering is expected to become increasingly important in the UK if Construction 2025 targets are to be met and is more likely to begin to encompass a much broader definition. We can expect to see value engineering activity in design proposal, project execution, and quality and environment management plans.
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Estimating - Best Practices
02 February 2015
Read Time: 2 Mins
The way you use estimate structures can have a big impact on risk within your business. An unstructured estimate can essentially be a “black box” making it very hard for others to cross-check. It is hard to find individual line items, to check that items have not been included twice etc. It also makes it difficult for a second estimator to carry on where another has left off - collaborative working is practically impossible.
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