Connar Peters’ Post

Estimating and takeoff services play a crucial role in the pre-construction phase of any project. Here are some of the key benefits: Cost Management: These services provide a detailed breakdown of the costs involved in a project, helping you manage your budget effectively. 𝐑𝐢𝐬𝐤 𝐌𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧: By identifying potential cost overruns early, you can mitigate risks and avoid unexpected expenses during the construction phase. 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: With a detailed takeoff, you can allocate resources more efficiently, ensuring that you have the right amount of materials and labor at the right time. 𝐀𝐜𝐜𝐮𝐫𝐚𝐭𝐞 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠: Estimating services allow for more accurate project planning and scheduling, helping to ensure that projects are completed on time and within budget. 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐁𝐢𝐝𝐝𝐢𝐧𝐠: Having a detailed estimate can give you a competitive edge when bidding for projects, as it shows potential clients that you have a thorough understanding of the project’s requirements. 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Detailed estimates and takeoffs can improve communication between project stakeholders, including owners, architects, contractors, and suppliers. 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: By understanding the costs involved, you can perform a profitability analysis to determine whether a project is financially 𝘙𝘦𝘮𝘦𝘮𝘣𝘦𝘳 𝘢 𝘸𝘦𝘭𝘭-𝘱𝘳𝘦𝘱𝘢𝘳𝘦𝘥 𝘦𝘴𝘵𝘪𝘮𝘢𝘵𝘦 𝘢𝘯𝘥 𝘵𝘢𝘬𝘦𝘰𝘧𝘧 𝘤𝘢𝘯 𝘣𝘦 𝘵𝘩𝘦 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘢 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭 𝘱𝘳𝘰𝘫𝘦𝘤𝘵 𝘢𝘯𝘥 𝘰𝘯𝘦 𝘵𝘩𝘢𝘵 𝘧𝘢𝘤𝘦𝘴 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴. 𝘛𝘩𝘢𝘯𝘬s 𝘧𝘰𝘳 𝘳𝘦𝘢𝘥𝘪𝘯𝘨 ❣! #contractors #contractor #subcontractor #subcontractors #projectmanager #projectmanagement #quantitysurveying #quantitysurveyor #construction #renovation #remodling #developments #building #builders #Engineers #estimators #estimatingservices #estimation #costestimate #budgetestimate #constructionestimate #accurateestimate #takeoff #biddingchapter

In the world of construction, staying within budget is a formidable challenge. Statistics show that nearly 85% of projects experience cost overruns. As a seasoned Construction Project Estimator, I've learned that the key to mitigating these overruns lies in detailed upfront planning and real-time project tracking. What strategies have you found effective in keeping your projects on budget? Let’s discuss how rigorous estimating practices can make a difference! #ConstructionEstimating #ProjectManagement #CostControl

🌟 Unlock the Full Potential of Your Construction Projects with Expert Quantity Surveying Services! 🌟 We specialise in helping developers, contractors, and property owners maximise value, minimise costs, and stay on track from concept to completion. Here’s how we can add value to your next project: ✅ Cost Planning & Estimation: Accurate forecasts to ensure your project stays within budget. ✅ Tender Management: Navigating the procurement process seamlessly to get the best deals. ✅ Contract Administration: Protecting your interests and ensuring compliance throughout. ✅ Risk Management: Identifying and mitigating financial risks for stress-free execution. Whether you’re working on residential, commercial, or infrastructure projects, we bring a keen eye for detail, expert negotiation skills, and a commitment to delivering measurable results. 💬 Let’s Connect! We’d love to discuss how my services can support your vision and streamline your projects. Message me here on LinkedIn or email us at info@quantitysurveyingsw.co.uk Let’s build something extraordinary together! 🏗️ #QuantitySurveying #CostManagement #ConstructionExcellence #ProjectManagement #OpenForBusiness

Estimating Buddies offers top-notch Design and Planning, Cost Management, and Quality Assurance services to ensure efficient, high-quality project outcomes. #EstimatingBuddies #DesignAndPlanning #CostManagement #QualityAssurance #ConstructionExperts #ProjectManagement #BuildWithConfidence

I'd like to discuss and get feedback on the role of the "Estimate" when it is not part of a Cost Planning/Quantity Surveying context. When the tender process is completed and the results are compared to the estimate, any variance (typically higher tenders than the estimate) often leads to questions like, "How did we get the estimate so wrong?" or demands to "speak with the estimator and get them to fix it." However, if the owner has hired a competent Estimating Service Provider (and if they hired an incompetent one, they deserve the consequences), the default question should be, "What is preventing us from getting value for money?" A proper analysis of the situation often reveals that the variance is due to factors other than the estimate being "wrong" (since an "Estimate" by definition is always somewhat inaccurate). These factors can include: - Poor standard of design/tender documentation - Poorly conceived Project Execution/Contracting Strategy - Insufficient time for contractors to bid - Contractors bearing an excessive amount of risk - Lack of interest from the market - Scope additions Engaging a Quantity Surveying consultant can contribute significantly to the cost planning, strategic planning, and tendering processes. In this environment, a QS adds much more value than merely providing an estimate.

Maximize Your Construction Project’s Success with Accurate Budgeting Efficient project budgeting is essential to managing construction projects from start to finish. At Next In Estimation, we offer reliable and precise estimation services to help contractors and subcontractors stay within budget while maintaining quality. 🔹 Material Takeoff – Get accurate material lists to prevent unexpected costs. 🔹 Estimation Takeoff – Detailed calculations for labor and equipment to ensure comprehensive planning. 🔹 Costing and Pricing – Develop well-rounded budgets for residential and commercial projects. With our expertise, you'll gain the confidence to manage project finances effectively and complete your construction projects on time and within budget. 📧 Email: estimate@NextInEstimation.com #ProjectBudgeting #ConstructionBudgeting #MaterialTakeoff #CostingAndPricing #ConstructionManagement #ConstructionPlanning #ResidentialConstruction #CommercialConstruction #NextInEstimation #BudgetOptimization

7 Reasons Your Construction Project is Over Budget – Are You Falling Into These Traps? Cost overruns are common in construction, but many are preventable. Here are key factors that could be inflating your project budget: 1️⃣ Changes During Construction – Unplanned modifications can spiral costs out of control. 2️⃣ Contractors’ Financing – Cash flow issues can halt progress if not managed properly. 3️⃣ Payment Delays– Late payments disrupt timelines and erode trust. 4️⃣ Lack of Contractor Experience – Skill shortages can lead to inefficiencies and costly mistakes. 5️⃣ Poor Cost Estimation – Overly optimistic or inaccurate cost estimates lead to unexpected expenses. 6️⃣ Poor Tendering Documents– Vague bid documents contribute to budget and scope misalignment. 7️⃣ Poor Material Management – Inefficient handling of materials wastes time and money. Understanding and addressing these factors can help keep your projects on track and within budget. What strategies have you implemented to overcome these issues? #Construction #ProjectManagement #CostOverruns #Budgeting #ConstructionManagement #ProjectManagemennt