During a project, a large amount of data is collected, assessed and reported by the different parties involved in planning and execution. When cost data like quotations and unit-rates are carefully stored in a database,…
In the traditional sense, an estimate is built-up from the bottom by a large amount of detailed cost data. Although this provides elaborate means of reporting and controlling costs, it is not always possible to…
During a project, a large amount of data is collected, assessed and reported by the different parties involved in planning and execution. Think of documentation about design and construction, but also about all other aspects…
In today’s business environment, organizations face increasing pressure to deliver superior project outcomes. Yet the resources are limited, which brings the need to use them efficiently. An important resource is the cost information you use…
In recent time, facilities, products and services have become smarter and more automated. As much as technology has advanced, estimating techniques evolve as well. Despite the fact that many estimators still use simple spreadsheet tools,…
To advance your cost management practices, knowledge and experience need to be captured and shared. How would this change the way you do cost management? Estimating knowledgebase Estimating project costs becomes more standardized with the…