If your projects are overbudget, late, and continue to go “off the rails”, it may be time to transform construction cost estimating practices.
Traditionally cost estimates are created by either contacting local constractors or subconstractors, or by using a national average construction cost database and applying a cost factor. Neither of this methods generally provides sufficient cost visibility or truly enables cost management.
The ONLY way to have an objective, and verifiable construction cost estimate is to create a line item listing of granular construction tasks using LOCAL MARKET, current labor, material, and equipment costs.
If you are ready to transform construction cost estimating, improve your detailed scope of work, and significantly improve construction cost management, contact us today!
