Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

A new cost estimating tool that can be used for a wide range of acquisition systems is being demonstrated by Wyle experts this week at the eighth annual NASA Project Management Challenge at the Long ...

The construction industry is undergoing a digital revolution, with advanced tools transforming the way projects are planned, budgeted and executed. Estimating software is one such innovation, offering ...

Join, the decision-making platform for the built environment, has announced the launch of Join Forecasting, a new suite of tools that leverages historical project data for project comparisons and ...

Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

Profits in construction can be lean, even with the best of technology available to help. That’s partly why project management software is increasingly popular with contractors. It makes sense, since ...

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 ...

Regardless of the technique you use, the tendency in project estimation is to provide one number for each estimate. In other words, if you have 100 activities on your schedule, each activity would ...

Most people in the construction industry view 3-D modeling and building information modeling (BIM) as the future of building design and construction. The benefits of BIM extend far beyond simply ...

Historical data can help develop surrogate cost estimates for pipeline construction, potentially replacing a more costly full engineering study. A complete engineering package likely provides the best ...