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Five Milestones of Project Estimating
On a traditional bid project there are five milestone of estimating on a project. The first four are the responsibility of the owner for internal purposes. These are: Feasibility/Budget (usually no...
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Why Use MasterFormat Instead of Uniformat?
This is a question that matters to most of the people involved in preconstruction services, whether the owner, architect, or construction manager. However, very few even give it much thought. After...
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Better Estimating Can…
Better Estimating Can Lower Design Costs and Improve Project Delivery Times! I will be the first to tell you that architects and engineers are loath to spend money on estimating as a part of their...
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Front End Loading Fees
A lot of talk goes on about how contractors can, and will, front end load the progress payment requests. This allows them to get more money than has been earned for the value of the work installed....
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Control Costs In the Pre-Construction Period?!
In order to control costs in the pre-construction period, several estimates should be prepared. Regardless of size, the project should have estimates prepared at the major design milestones. The first...
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Architects Go Full Throttle… Until They Hit The Budget
Every time I see another project in which the Architect and Engineer designed a building way over budget, I wonder what they were thinking. I will be the first to admit, I’m an estimator not an...
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Estimates To Complete
On many projects controlling cost is very important. One way to control cost is to have detailed estimates prepared at the design milestones. The first estimate should be done at the program level...
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The Fantastic Five – Level 2 & 3 Schematic Design & Design Development
There are five milestone of estimating on a project. These represent industry recognized points in the design that are used to track the progress of the design, and of course, the costs of the project....
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