Cost control procedures are put to insure that your project costs no more than intended. Chris Henderson, the author of "Project Management for Construction," cites an old definition of a construction ...

Like the familiar adage, “Which came first, the chicken or the egg?,” every building project starts with the same conundrum: Should the client and its design team establish a budget and design a ...

ASTM International Standard E 2516 Classification for Cost Estimate Classification System provides a logical, consistent and objective methodology for the classification of cost estimates for a ...

Estimators have never had it easy in the rough-and-tumble world of construction cost estimating—especially when using traditional 2D files or drawings for quantity takeoffs and cost estimates. More ...

Artificial intelligence (AI) is revolutionising the construction industry by offering robust methodologies for cost estimation that enhance accuracy, efficiency and transparency in project planning.

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 ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...