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Risk in Construction Estimating
By definition, an estimate is an approximate calculation. This inherently infers that there is a certain amount of risk involved with any estimate. The risk will vary depending on the quality and the detail of the estimate and on the detail of the design information available at the time the estimate is prepared.
The quality and detail of an estimate is usually defined in the requested scope of services. An estimate can be an opinion of cost or a detailed estimate. The opinion of cost is an estimate prepared based on a professional’s best approximation of what a project will cost.
The Role of a Construction Claim Consultant
Construction claim consultants provide a crucial role when it comes to standard of care in construction. These specialized experts know every in and out of construction and civil engineering, and can help with project management and legal advice. Because these consultants know the industry well, they can help prevent legal troubles before they start.
Installing a Solar Power System on a Residential House
In the article "Pennsylvania Solar Energy Rebate on Hold: How Consumers Can Still Save Energy"...
What Is A Premortem
A premortem is a project management strategy in which a project team imagines that a project has...