How to Make an Estimate: Without Losing Money

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A Guide to Reliable Project Estimation.How to make an estimate: Without Losing Money
What is a budget and how is it prepared?
If you are involved in the construction industry, electromechanical assemblies or any other similar activity, or are about to start, we recommend that you watch these videos which detail the steps and precautions to be taken to ensure that your quoted price is reliable.
In this video we look at the following topics
Estimating the cost of the direct materials in a work.
Estimating the direct labour hours.
Cost of machinery and equipment to be used.
How to make an estimate: Without Losing Money. When bidding, it is essential to be sure that the price quoted is sufficient to complete the work without setbacks and to achieve an economic profit.
Otherwise, you will not win a job, but a problem.
In this series of short videos you will be able to gain new knowledge or refresh existing knowledge on how to make an accurate budget.