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 ...

You've completed your take-off, entered the job quotes, applied profit, overhead, and taxes to your estimate, and you believe you've accounted for everything. What could possibly go wrong? Plenty. The ...

Completing an ROI, or return on investment, analysis on specific projects is prudent to determine which types of projects deliver the best returns. If you simply analyze ROI across all completed ...

Cash flow consists of all revenue that can be immediately converted to cash and used to pay current expenses. Interest expense represents the additional amounts paid on debt above principal balances.

Use this process to estimate a project’s effort hours Your email has been sent Editor’s note: This article was originally published December 11, 2006. There are three early estimates that are needed ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Project cost management is the way that you estimate and ...

There are three main areas to estimate before your project starts--effort, duration, and cost. Of the three, you must estimate effort first to understand the total amount of work. The duration can be ...

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Productivity blogger Bert Webb posts about a system for calculating project deadlines. The first step: create a "Project Task Map" which lists every action the project entails. Webb offers a Word ...

Story points help Agile teams estimate effort, but they’re far from perfect. Learn how story points work, why teams use them, ...