August 19, 2023 0 Comments

In government-funded infrastructure projects, precision in cost estimation and value-for-money assessment is paramount, mainly when projects are in their nascent, early design stages. At this critical juncture, when project details are often scant,

August 12, 2023 0 Comments

Life cycle costing is a way to figure out the total cost of an infrastructure project over its entire lifetime. Instead of just looking at the upfront construction costs, it considers all the

August 7, 2023 0 Comments

Parametric estimating is a cost-estimating technique that uses historical data and statistical relationships to develop models that can be used to estimate future costs. It is a valuable tool for construction companies, as