INEIGHT ESTIMATE
CONFIDENT BIDS START HERE
WHAT’S HOLDING ESTIMATORS BACK TODAY?
Whether it’s a project owner, executive, or field lead asking, it’s essential that an estimator is able to respond to questions or challenges with defensible logic and data. Confident responses start with precision and consistency.
A small error early in an estimate like overlooking a critical activity, underpricing a resource, or failing to account for accurate crew productivity can snowball into major cost deviations.
Regardless of the specific type of error or the reason it occurred, the resulting risk can set off a domino effect (also referred to as a knock-on effect) of broader problems, which can wind up becoming very costly, including the following:
INACCURATE INPUTS LEAD TO UNRELIABLE ESTIMATES
When tools can’t reliably calculate man-hours, indirect costs, or escalation factors, your estimates become educated guesses. Underbidding can wipe out your margins, while overbidding loses you the job before you start.
LACK OF HISTORICAL DATA BLOCKS CONTINUOUS IMPROVEMENT
Without easy access to historical data or benchmarking tools, it’s hard to know what’s working and what’s not. You want to learn from every job, but your current tools keep you stuck searching through past estimates to find patterns instead of improving.
INCONSISTENT PRACTICES CREATE UNPREDICTABLE RESULTS
When every estimator does things their own way, you get vastly different outputs and misaligned assumptions. It becomes nearly impossible to scale, compare, or improve when there’s no standard to adhere to.
MANUAL PROCESSES INCREASE RISK AND WASTE TIME
Spreadsheets and outdated tools weren’t built for today’s project complexity. They’re slow, fragile, and one copy-paste error away from costly change orders or rework during project execution.