August 7, 2023 4 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

October 3, 2022 0 Comments

What is a Should Cost Model? Introduction to Should Cost Models An SCM forecasts what a service, project, or program should cost over its lifetime. As summarised below, SCMs may vary in design