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 ...

Modern construction companies combine their estimating processes with: ...

Cash flow consists of all revenue that can be immediately converted to cash and used to pay current expenses. Interest expense represents the additional amounts paid on debt above principal balances.

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 ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Project cost management is the way that you estimate and ...

Productivity blogger Bert Webb posts about a system for calculating project deadlines. The first step: create a "Project Task Map" which lists every action the project entails. Webb offers a Word ...