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 ...

The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...

The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...

Use this process to estimate a project’s effort hours Your email has been sent Editor’s note: This article was originally published December 11, 2006. There are three early estimates that are needed ...

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 ...

While cloud computing and the abundant project data it provides have transformed everything from construction management to conceptual design, preconstruction estimating remains stubbornly unchanged, ...

Properly estimating a Java development project is both an art and a science. Since Java and the J2EE specification are built for enterprise-class solutions, it only makes sense to take an enterprise ...

In my September column, I outlined what not to do when trying to set up a commercial HVAC/plumbing estimating department. Using the worst remembered anecdotes and emotional souvenirs, I reviewed the ...

Like any industry, blame and accolades are an inevitable part of the electrical contracting business. I once heard someone say, “If you could buy people for what they are worth and sell them for what ...