article thumbnail

Rory Woolsey's Construction Estimating Blog: It Don't Come Easy!

Rory Woolsey

Examples of project organizing tools are budgets, schedules, cash flow diagrams, manning charts and resource schedules. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972. construction consultants.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

In a project management cycle the metrics are Planned , Implemented , Measured (actual vs. budgeted) and then reacted to, correcting for deviations by making changes to the original plan. Cost Control: In the project control loop the projects actual costs are measured against budgeted costs. If scope is wrong a project budget is wrong.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Costing Construction

Rory Woolsey

” The budget estimate is just another task that takes from the already limited time in a day. Sadly, some budgets are derived from a “click and drag speed” application of software. It is then “ipso-presto” and another budget cost estimate is ready to wreak havoc on a project as reality is revealed.

article thumbnail

Rory Woolsey's Construction Estimating Blog: A New Year in.

Rory Woolsey

We construction estimators are at the front end of this cycle and should expect a busier year for budget estimating. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972. Labor Productivity? construction consultants.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Scope, Scope, Scope!!!

Rory Woolsey

The joke went like this; Question: What is the definition of an “engineer’s estimate”? The reality is engineers (and architects alike) do not have the best track record for budgeting project costs accurately. Answer: The cost of construction in heaven. Not so funny, but so true. construction consultants.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” ” I get this question a lot from my architect friends when helping them budget their projects through the design process. Thursday, May 31, 2012. Mark It Up!

article thumbnail

Rory Woolsey's Construction Estimating Blog: Scope, Again?

Rory Woolsey

The joke went like this; Question: What is the definition of an “engineer’s estimate”? The reality is engineers (and architects alike) do not have the best track record for budgeting project costs accurately. Answer: The cost of construction in heaven. Not so funny, but so true. construction consultants.