A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

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The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

Project work estimation has three components: the initial first cut, commonly known as a SWAG (scientific wild-ass guess), tracking the estimate against the actual numbers, and using the schedule to ...

Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...

Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

Galorath SEERai is a generative artificial intelligence (AI) trained platform trained with four decades of proprietary data and proven methodologies. It's aimed at digital engineers and cost ...

Project estimation is one of those black arts I try to avoid. In addition to the karmic burden created by having to perform the required rituals, having to sacrifice the occasional chicken makes a ...

In a study recently published by AIA, less than 13% of architectural firms have incorporated building performance as part of their practice. With buildings contributing 40% of total carbon emissions ...