At the early stages of a construction project, decisions are often made before full drawings and specifications are available. Without a reliable early estimate, projects can face budget issues, redesigns, or delays later on. How do professionals manage cost planning with limited information?
Effective preliminary estimating helps teams develop realistic budgets and evaluate project feasibility based on available data. These early estimates guide design decisions and reduce financial risk as the project moves forward.
I’m interested to know how others approach preliminary estimating and what methods they use to improve early-stage cost accuracy.
