Our Clients rely on our expertise and analysis of the local market conditions to provide timely, accurate, Loss Estimates or reserve recommendations for budgeting purposes. Our experienced team can provide Order of Magnitude or Cost Estimates with the requisite level of detail to suit the specific needs of our Clients. Repair Cost Estimates or project budgets can be prepared for every kind of property loss, including: fire, water, wind, hail, ice, impact, mould, hazardous materials and structural failure.
Cost estimation provides the foundation for the planning of a job schedule. The accuracy of an estimate determines whether a job meets its objectives or not. Some of the benefits in cost estimation include:
- Accurate Planning: Proper cost estimation enables one to plan the subtasks required to complete a task correctly. You can develop a work breakdown structure more efficiently and ensure your project team adheres to the project timelines.
- Increased profit margins: Poor planning and unexpected events make it impossible to finish the job on time and within budget. However, proper estimating helps one account for both expected and unexpected costs, thus protecting profit margins.
- Management of resources: With an insight into the tasks and timelines at hand, this can ensure you have the skills to identify resource gaps, hire people as needed and take on projects with confidence.
- Better reputation: Proper planning helps a builder finish the projects on time and budget. This fosters stronger relations with the client and wins the builder repeat business.