Cost estimating methods range from consulting experts to using historical data or unit pricing, but all methods will deliver incorrect estimates unless you meet basic costing requirements. You can ...

Construction costs for large construction projects are usually forecast before any work commences. Private and public construction clients prefer to know the detailed costs of a project, and their ...

Developing accurate, thorough and defendable cost estimates on a consistent basis is an arduous and – sometimes – imposing undertaking. Every project estimate can take on a life of its own, with ...

Construction and development projects come with many expenses, and estimating services provide the right way to keep a check on them. When teams forecast accurately, it enables them to avoid […] ...

Drilling costs can be estimated with a combination of established, analytic techniques. This article, concluding a three-part series, presents a general framework to estimate costs with a formalized ...

Over the past several decades, various methods have been proposed to evaluate drilling costs and complexity, but because of the large number of factors and events that affect drilling performance, ...

Reliable methods for estimating the cost of a radioactive waste disposal programme are crucial to ensure that the necessary funding for completing the disposal programme is available. Estimating the ...

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...