In the construction industry, understanding your costs for a project is only half the battle. The other half is presenting a proposal that ensures all costs and margins are covered, and submitting it in a way that meets the client’s bid form requirements. Add to this the pressures of last-minute alternate selections and scope changes, and you have a recipe for disaster if any element of the bid is overlooked or left to chance.
Industry best practices are rather fluid, depending on the amount of information available at any point in time. Customers often ask for a Rough Order of Magnitude cost estimate, when project details and specifics are scant. As that scope becomes more developed, and engineering drawings and specifications become more clear, this ROM estimate needs to morph and adapt to keep up with new data as it is uncovered. This webinar will showcase how to keep up with scope changes, multiple review processes for different audiences, and tying it all together with a client-facing proposal that meets the customer’s requirements.
Join Rick Deans of InEight to learn how leading organizations are leveraging technology to better understand their cost structure, better managing estimate revisions, and winning work in today’s challenging yet rewarding construction market.
Key Learning Objectives
- Easily navigate a complex bid process, as new information is released daily
- Intuitively know your cost when pricing bid proposals
- Provide unparalleled visibility to all project stakeholders
- Win more jobs, at the best price possible
Audience
- Estimator
- Sr. Estimator
- Lead Estimator
- Project Controls
- Project Controls Manager
- Project Estimator
- Heavy Civil Estimator
- Chief Estimator
- Construction Estimator
