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Proper Estimating–Customer Focused Success Part 1
Many problems can be overcome by good project managers and superintendents. However, nothing can overcome a poor estimate.
An extremely important component of the estimating process is the material takeoff or what is commonly referred to as the “takeoff”—defined as a process that contractors use to figure out the exact quantity of materials needed for a specific project. Because no work day or project goes flawlessly, determining “the exact quantity of materials” that will be needed on a job can be nearly impossible. Therefore, certain assumptions and contingencies must be “built-in” to every takeoff. The complexity of the project in relation to the potential for material loss or waste and the potential for weather-related damage to materials are two examples of several factors that should be considered when creating every takeoff.
Another important element of determining takeoffs over the last few years has been whether the specified or desired materials are readily available based on supply chain challenges or are subject to large price fluctuations. In both of these cases, we have recently provided estimates as specified and estimates utilizing an alternate material that often has the potential to provide more client benefits while reducing material and labor installation costs (sometimes substantially).
And be sure to read up on part 2 of our customer-focused success series—the importance of Job Preplanning.