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 ...
You've completed your take-off, entered the job quotes, applied profit, overhead, and taxes to your estimate, and you believe you've accounted for everything. What could possibly go wrong? Plenty. The ...
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.
Preparing accurate cost estimates is a key function for a successful business, whether the estimate is for internal work or for a customer. Four major methods can be used to estimate what it will cost ...
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 ...