The ability to produce cost estimates efficiently and accurately is a critical step in many construction career paths and a high-demand skill throughout the construction industry. Computer software has become a popular tool for estimating, and Microsoft Excel is the most widely used option. In ...
Limitation #1: Excel Calculations Can Be Flawed Excel calculations can pose a real problem for construction estimators. Why? Because formulas can be flawed, costs can be miscalculated and user alterations--intentional or otherwise—can compromise the accuracy of your numbers long before the final bid...
The advantages of Excel based construction estimating starts with ease of use, feature familiarity, quick learning curveand extends to built-in formulas, programming and powerful functionality. That is where we come in with our industry-specific top cost estimating software titles. The program interfac...
Control estimates: A control estimate is a detailed estimate used during construction. Its purpose is to track actual costs against budgeted amounts and help manage project finances. Feasibility estimate: A feasibility estimate is used to assess whether a project is financially viable; it generally ...
Use this free Construction Estimate Template for Excel to manage your projects better. Download Excel File Construction Estimating Process: How to Estimate Construction Costs In 5 Steps Estimating the costs of a construction project can be easy if you follow the right steps and use the right constr...
costs associated with a construction project. For small projects, an experienced contractor can come up with a quick estimate in his or her head. For large projects that require detailed bids, the process requires much more due diligence to achieve an accurate estimate of construction costs. ...
Estimating in Building Construction- by Frank R. Dagostino, Leslie Feigenbaum Markup & Profit: A Contractor's Guide- by Michael C. Stone RS Means Residential Cost Data 2014: Square Foot Costs, Systems Cost, Unit Costs - by Howard M. Chandler (Editor) - Includes location factors to adjust ma...
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costs (using environmentally friendly materials, for example), but also increased administrative costs for ensuring compliance with the LEED standards. Therefore, estimators in LEED projects should be involved during the construction design phase, so they can contribute information about costs associated ...