As a design professional, you have likely seen your share of construction estimates. You may be in charge of evaluating bid proposals and/or in reviewing projects for value engineering possibilities. Of course, you are almost certainly involved in submitting your own proposal estimates for architectural or engineering services on a project.
I saw a recent blog discussion on construction estimates, and how owners view them. In the situation discussed, a contractor was losing business because his estimates were in nice round numbers, creating the suspicion in the owner’s mind that the numbers were not carefully put together.
One commentator, a civil engineer, said...
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