Cost Estimating for Projects

Learn tips for creating more accurate cost estimates and increasing project profitability at your service business

Accurate estimates lead to successful projects

Learn what your service business should consider when you’re building out your next cost estimate.

Defining and standardising your approach will help you cover all the critical steps and increase accuracy with every project.

In this guide, we provide key considerations for producing more accurate estimates, including:

  • How to capture the tasks and costs involved in delivering a job
  • Tips for applying a standard framework to your cost estimation process
  • How to identify the tools and technology to help deliver jobs on time and on budget

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Considerations for defining project scope and guarding against scope creep

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Key performance metrics from previous jobs that will help you estimate better in the future

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Tips for choosing a pricing model to maximise job profitability