Estimating system
The estimate maps one to one onto the job cost codes, so variance means something the day it appears.
Where this step sits
The rules and targets underneath it
Contractors where this step did the work
What owners ask
What is the estimating system step?
The estimate maps one to one onto the job cost codes, so variance means something the day it appears. It's step 04 of 8 in CONTROL, drawn from chapter 4.
Does the order make a difference?
Yes. This step depends on job cost structure and overhead calculation, so installing it first produces numbers nobody trusts.
What does it change downstream?
It feeds project management, monthly cadence. A change here moves every one of those.
What breaks if I skip step 04?
2 later steps read from it: 06, project management, 07, monthly cadence. Skip it and those run on numbers that were never established, so the output looks finished and isn't.
Where does step 04 sit in the sequence?
Position 4 of 8 once the dependencies are resolved. It waits on 01 and 03. 2 steps wait on it. Most owners install all 8 inside 60 days.
Wrote CONTROL, the 8 step system these figures sit inside. More about the author.