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 Vendor Responsibility for Profit Construction CCA 2 Osc State Ny 2012

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today's video we're going to cover the basics behind estimating and budgeting construction projects I'm going to talk about the different types of estimates within the construction industry as well as the best way to get better accuracy on future estimates so let's go so whether you're a general contractor a construction manager or a subcontractor you stay in business by winning or getting awarded new construction projects sounds pretty straightforward well a large amount of projects in construction are actually awarded based on the lowest qualified bid meaning the lowest cost making construction a fairly competitive industry which keeps the pencil sharp so for every project that someone is awarded they likely bid and lost a few other projects so large construction companies are constantly estimating multiple projects at a time to ensure that they have a good backlog of awarded projects to keep the train moving a backlog is essentially all the pr

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