Inflation indices: one size does not fit all

The early stages of cost estimation should include scenario planning for a range of inflation uplift rates, explains Sam May. The post Inflation indices: one size does not fit all appeared first on Construction Management.

How Accurate Cost Estimation Can Make or Break a Construction Project

The post How Accurate Cost Estimation Can Make or Break a Construction Project appeared first on UK Construction Blog. In an era where project complexity, cost, and schedule pressures continue to grow at an unprecedented pace, inaccurate construction estimates are no longer acceptable. Construction industry leaders have always recognized the importance of estimating and the many ways inaccuracies can lead to serious problems during (and after) construction, but the estimation tools of the past […]

Vistry’s profit drops by nearly two-thirds as impact of cost estimation errors revealed

Housebuilder says turnover and completions up last year

1build Joins Forces with STACK for Real-Time Cost Estimation

1build, the only API for live construction cost data and integrations with construction suppliers, today announced a new partnership with STACK Construction Technologies, a pioneering construction software platform, to deliver industry-leading data to improve their already powerful takeoff and estimating tools. Through the integration of 1build’s API, STACK users will gain instant access to 1build’s database […] The post 1build Joins Forces with STACK for Real-Time Cost Estimation first appeared on CCR-Mag.com.

ConWize now integrates with Autodesk Construction Cloud

Latest link-up makes cost estimation and bidding easier for contractors

Metroun - How to Adjust for Inflation on Construction Projects 07602023

In the last year, we’ve seen record high inflation with the UK reaching a peak of 14.2%. Its taken a huge toll on the price we pay for goods and services. The construction industry is no different. But how do we factor inflation into the cost of construction and what measures can we include within contracts to ensure inflation doesn’t have an adverse effect on the programme of a contractor? Watch this brief video from Metroun

Metroun - Cost Estimation Methods Explained - Analogous, Parametric & Bottom-up, 01022023

This video investigates the different estimation methods available, how they work, and when they should be used. As you would expect, the estimated cost for a project becomes more accurate as design becomes more detailed

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