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How to Choose the Right Project Estimation Tool for Your Team

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Let's Get Real: Estimating Projects Shouldn't Feel Like Guesswork You know, you sit in one of these project kick-off meetings, and you say, How are we even getting these numbers? -- never mind, you are not the first. It can be said that one of the most difficult things in the operation of a project is the estimation part of the project, and once this part goes out of hand, everything appears to be in the same boat as well. Here's a not-so-funny (but a little scary) fact: The Project Management Institute estimates that almost 30% of projects don't make it because they were based on bad cost estimates. That's tons of time, money, and effort wasted—because the numbers weren't good to begin with. That is precisely why there are Project Estimation Tools . These tools aim to remove the stress and the uncertainty from planning. They enable your team to predict costs, resources, and timelines more confidently and more clearly. Simply put, they enable you to plan better ...

How to Choose the Right Project Cost Estimating Tool for Your Business

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  Why Selecting the Correct Estimating Tool Can Be the Difference Between Making or Breaking Your Project Come on—no one enjoys surprises with project budgets. You estimate, you quote, you begin work… and the true costs send the initial estimates flying out the window. Ring a bell? It is not only you. Projects have also been reported to go over-budget in almost one-half of their budget estimates, and estimation errors have been noted as one of the leading causes of such occurrences. Thus comes Project Cost Estimating Tools , which puts your business under control, makes you work smarter, and avoids costly mistakes. With so many tools available, though, how do you find out which one is best for your business? That's precisely what we're going to get you to realize today. No matter whether you're working in construction, engineering, IT, or any other project-oriented industry, this guide will take you through what to watch out for, what to steer clear of, and how to select a ...

What to Consider when Selecting a Construction Estimating Software that Fits the Size of Your Business

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  We all know it: it is not easy to estimate without appropriate tools. We all know what it feels like to be caught up in a pile of spreadsheets, numbers in our hands late at night, or to be doubting an estimate when it is time to submit a bid. Researchers indicate that poor estimating practices tend to cause more than 30 percent of construction projects to exceed the cost they were estimated at. That's why selecting the proper Construction Estimating Software isn't solely about ease—it's about being competitive, landing more jobs, and safeguarding your bottom line. But here's the rub: there's no single solution for everyone. The ideal software for a small contractor could be way off for a big company. The n, how do you pick the ultimate match for your company size? Let's work it out. Know Where You Stand: Your Business Size Should Drive Your Software Choice Get clear on your business size and what that looks like for your everyday work before you even begin to...