Project Control Training


cost estimating skill



The Vital Skill Each Cost Estimator Should Master in Cost Estimating

Throughout my 30+ years in the construction industry, many of those in the cost estimating field, I met great estimators as well as estimators who lack the confidence to say: Yes, I calculated this cost, this is how I did it, and this is the benchmark data to prove it. My curiosity was always to why some otherwise experienced cost estimators ,when faced with the dilemma of documenting a price, were lacking the confidence to explain the calculated costs fully. What I found is somehow surprising: Some cost estimators did not build a solid foundation on detailed cost estimating, more …

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