×

Overcome the Pitfalls of Estimating!

First Name
Last Name
Company
Phone Number
Country
State
Accept Privacy Policy Terms & Conditions on.center/privacypolicy
Yes, I would like to be contacted. Keep me up-to-date with marketing communications
Enjoy!
Error - something went wrong!
   

Overcoming the Pitfalls of Estimating

October 2, 2017

 

     In today’s construction market, there is plenty to celebrate. The industry is booming with few remaining reminders of the days when work was more scarce. But as new competition bubbles up almost daily, there is no better time to make sure your business is well-positioned to build a backlog of work.

     As a result, the pressure is mounting for estimators to accelerate the bid process and win more work. This philosophy works well as long as you can rein in overzealous efforts to chase more work that isn’t necessarily profitable. Occasionally, contractors need to step back and examine how well their estimating process is working. Are they focusing on the right work for their skillset? By asking tough questions, they can avoid many estimating pitfalls or take corrective steps to remedy them.

     No doubt, contractors want their estimates to yield the best, most profitable work, to grow their reputation. But they should always be reviewing what changes are needed to elevate their business outlook. These kinds of insights come with hard questions like:

• What jobs are we bidding and why?
• Who is doing the bidding?
• What technology are we using?
• What happens with the bid after it is won?

     For the sake of this discussion, we will take a deeper dive and outline four typical estimating pitfalls, the risk they create for your business, and how to overcome them to sustain profitability and streamline your estimating process.

Take a hard look at your estimating process. Read our white paper to get strategies to help you focus on the best, most profitable work. Download the Free PDF now for more information.

Previous Article
Estimator Q&A: Technology Transforms the Job
Estimator Q&A: Technology Transforms the Job

" Technology is revolutionizing the construction industry. From grappling with a tsunami of emails to hunti...

Next Article
Where are the productivity gains?
Where are the productivity gains?

" If the construction industry is anything—it’s consistent. For roughly 20 straight years, the industry has...

×

Try On-Screen Takeoff ... FREE Today

First Name
Last Name
Company
Phone Number
Country
State
Accept Privacy Policy Terms & Conditions on.center/privacypolicy
Yes, I would like to be contacted. Keep me up-to-date with marketing communications
We've Emailed You the Details!
Error - something went wrong!