ConstructionOnline Blog

Construction Estimating 101: Why Most Project Estimates Fall Short (and How to Fix Them)

Ask any ten construction professionals what makes a great estimate, and you'll likely hear the same three things: it's fast, it's accurate, and it protects profit. Call it the estimating trifecta. Now ask those same professionals how many of their recent estimates truly hit all three, and the conversation gets quieter.

The uncomfortable truth is that most construction companies consistently achieve one or two of those targets—rarely all three. Speed often comes at the expense of accuracy. Accuracy often slows turnaround to a crawl. And profitability, the whole point of the exercise, gets treated like an afterthought—something to check after the numbers are already out the door.

This isn't a small problem. The McKinsey Global Institute has tracked construction productivity growth at roughly 1% per year over the past two decades—well behind the 2.8% annual growth of the broader global economy. The industry isn't failing for lack of effort. It's failing because too many of the workflows that determine whether a project succeeds—estimating chief among them—haven't evolved to match the pace of the work.

Estimating isn't just math. It's the front door to every project you win, every margin you protect, and every relationship you build with a client. When it breaks down, the ripple effect touches everything that follows. The good news? The patterns behind most estimating failures are predictable—and fixable.

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Topics: Business Building Best Practices Estimating

5 Reasons Construction Cash Flow Falls Behind in Spring — And How to Fix Them

April showers bring May flowers. Ask a contractor what April brings and the answer is less poetic.

A full spring pipeline looks like a solved problem after a slow winter. Everything on paper points toward a strong quarter. 

The backlog looks full... the account says otherwise. 

Construction cash flow doesn't follow the logic of a busy backlog. The work and money move on different schedules, and April is when the gap gets expensive. 

This time last year, Dodge Construction Network reported a 9% drop in total construction starts, not from weather, but linked to tariff uncertainty that arrived right as projects were expected to break ground. Work that had already been staffed and priced held, leaving costs committed against revenue that hadn't materialized. 

The spring rebound most pipelines were built around turned out to be conditional. A difficult April has a way of showing exactly which businesses could see the strain before it arrived.  

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Topics: Cash Flow Payment Applications billing

10 Essential Features to Look for in Construction Estimating Software

Not every construction estimating software is created equal. Some software platforms are built to handle the ins and outs of construction project finances, and some are not. That’s why it’s important for you to know what essential features to look for in construction estimating software so you can make the best investment for your business.

Based on our experience serving hundreds of thousands of construction professionals worldwide, it’s not enough to invest in just any old estimating software. You need the right tool for the job; a software platform that will allow you to create accurate estimates every time with ease and efficiency.

This article will outline the 10 essential tools you need to look for in construction estimating software, including why it’s so important to choose the right software for your construction business.

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Topics: Estimating Financials