One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

Assigning costs is necessary in every stage of planning, and, ultimately, constructing a building. Sometimes, unfavorable budgets, zoning requirements, or a tricky economy might preclude a building ...

When people admire a beautifully designed home or a well-planned commercial space, they often focus on the architecture, ...

Pepper Construction chose estimating software that integrates with building information models (BIM) to slash estimating time and cost, and offer project owners custom estimate analyses that drive ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Accurate capital cost estimation is crucial for determining a project's ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

The last official cost estimate was $6 billion in early 2023. In recent months, project officials have told state lawmakers ...