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Discuss the specific ways project costs should be captured

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Discussion 1. As builders complete work, the actual costs for the project should become part of an  historical database for the company. Access to the costs for this project, along with that of all other past work, is a useful knowledge base for future estimates. Discuss the specific ways project costs should be captured to create this database. Also, explain how the database should be set up to support conceptual, square foot, assemblies, and bid estimates.

Discussion 2. It is often said that to complete a good estimate, an estimator needs to have completed a good schedule. Agree? Explain.

Reference no: EM132664161

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