Field Indirects: How to Estimate Distributables on Capital Projects
How to estimate field indirects on capital projects from time, manpower and fixed drivers, so distributables move when the schedule moves.
How to estimate field indirects on capital projects from time, manpower and fixed drivers, so distributables move when the schedule moves.
Owner's costs are the most under-estimated block on a capital project. How to build them against a code of accounts instead of a percentage…
How to build a defensible unit rate from a quantity take-off on capital projects — measurement conventions, labor constants, allowances and…
How estimate validation differs from estimate review, and how to run a genuine cold-eyes check that tests the number before sanction on cap…
How value engineering optimises cost on capital projects through function analysis and the SAVE job plan — cutting cost without cutting sco…
How to normalise historical cost data across time, location, currency and scope so cost benchmarking survives an estimate review on capital…
On a five-year capital project, a 4% annual escalation rate compounded across the spend curve can shift the total installed cost by 15–20%…
Every cost estimate for a capital project tells you what the project is expected to cost. Only the estimate basis memorandum tells you why.…