WEBED: Big Data and its Impact on your Estimating Department

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Big Data and its Impact on your Estimating Department

Tuesday, September 10, 2019 - 2:00 PM - 3:00 PM ET

Member Price: FREE| Non Member Price: FREE

For years, cost estimating has been both an art and a science that relies on experienced people who know the correct questions to ask, such as:

• What can we normally get done per Ton, SqFt, CuYd, etc?
• What do we bid this at when we win vs when we don't?
• How about when we compete against a certain competitor?
• Is that production within the normal range we bid?
• What are the biggest risks on this job and what can we do to mitigate against them?

As we approach the year 2020, we have a better way to start building processes that trigger the investigation into the above questions and more at all levels of your organization. The secret is using your company's bidding and production data not only as a resource, but as a tool to help you.

 

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