Budgeting, Cost Control, and Earned Value
Start with current market pricing, not last year’s estimates. Include logistics, overtime risk, and escalation for critical materials. Create clear assumptions in your basis of estimate and tie them to scope line items. Share one costly assumption you will never miss again and help others avoid it.
Budgeting, Cost Control, and Earned Value
Earned value clicks when foremen see progress measured exactly where work happens. Use quantities installed and verified checklists, not vague percent complete. Plot cost and schedule indices weekly. We once pulled a project from a CPI of 0.85 to 1.02 in six weeks—ask how in the discussion.