As pressure increases to understand capital cost prior to the first spade touching dirt, more healthcare owners are turning to a Parallel Estimating process to improve understanding of exposure and ...

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 ...

For years, a large organization faced significant challenges in managing the complex and often unpredictable costs of maintaining, upgrading and adding to its aging building portfolio. The ...

Amid the wave of digital transformation in the construction industry, Guangdong Guangjian Project Management Co., Ltd. applied for a patent in May 2025 titled "A Method and System for Intelligent Cost ...

Traditional estimating methods often involve hours of manual work, sifting through drawings, checking specs, and juggling spreadsheets. When deadlines are tight and project demands grow, these ...

Buildxact has introduced a new suite of AI-powered tools designed to help residential builders, remodelers, and contractors manage projects more efficiently and improve profitability. The platform’s ...

TxDOT uses past price information for the specific items to estimate the cost for a project, LaFontaine said. Past bid information is also used when engineers are making their estimates, according to ...

Every aspect of life seems to have its own language. From construction to medicine to computers, all industries have jargon that is unique and must be understood. Language is communicated with words ...