Build Estimates
Estimating from a place of knowledge, no guessing
It is no surprise that construction estimating is complex – look at any building and consider the numerous elements – each one of which becomes a variable in pricing. And those are things that we can see. Each layer of infrastructure adds a layer of complexity. The profitability and spending efficiency of a job lies within those variables based on how accurate the estimates are and how closely they match up with the final project.
Evaluating risks – based on experience
When you choose a Construction Manager a project’s scope and feasibility, project Owners typically use cost estimates to allocate their budget. In addition, contractors utilize cost estimates when they are deciding whether or not to bid on a potential project. Estimates are generally prepared with the input of both Architects and Engineers in order to ensure that a project is in accordance with both scope requirements and budget allotment. Essentially, a good cost estimate will not only prevent the builder from losing money but also help the customer avoid overpaying. A fundamental component of earned value management (value engineering) cost estimates are a project-management technique that tracks a project’s performance against the total time and cost estimate.
Estimators are often faced with inadequate plans. The job today has become even more difficult with lots of back and forth with Engineers and Architects getting clarification. Establishing good relationships with these decision makers becomes pivotal.
What people are saying
To say our customers are loyal is something of an understatement. We are loyal to them and they to us. That’s because time and again we’ve met their goals, their budgets and their timelines and the relationships have been positive and constructive. See what they have to say about MHCM.