The Rush For the Low Bid And How to Stay Competitive

The Rush to Bid Low In my early years as a cost estimator, I received the most useful piece of advice from the owner of the company I was working for at the time. He told me: “your job as a cost estimator is to figure out the best price our company can do this project […]

Pricing Risk in Construction Tenders

Risk Pricing Approach The approach to risk pricing varies with the organization. For the most part, there are a few basic methods: Risk pricing is an entirely separate activity that follows the base estimate completion, Risk pricing is an integral component of the base estimate preparation, Risk pricing takes place during and after the base estimate […]

My Road Map to a Great Cost Estimate

What makes a great cost estimate? Construction cost estimating as a career choice? That was the question I asked myself many years ago. It was when I started working as a cost estimator (because of lack of a project management opportunity). I still make a living as a cost estimator and found the answer to […]

10 Ways to Earn More Money as a Cost Consultant

When you’re a cost consultant in the building construction industry, you already have a lot on your plate. However, there is no harm in wanting to earn more. Due to increasing competition, most cost consultants are unable to increase their wealth. However, with a proper understanding of some suitable measures to earn income, you can […]