Construction Management 3

Discussion Question 3

1. As builders complete work, the actual costs for the project should become part of an historical

database for the company. access to the costs for this project, along with that of all other past work, is a

useful knowledge base for future estimates. Disc

uss the specific ways project costs should be captured

to create this database.

2. It is often said that to complete a good estimate, an estimator needs to have completed a good

schedule? Please provide comments.

Discussion Question 3

1. As builders complete work, the actual costs for the project should become part of an historical

database for the company. access to the costs for this project, along with that of all other past work, is a

useful knowledge base for future estimates. Discuss the specific ways project costs should be captured

to create this database.

2. It is often said that to complete a good estimate, an estimator needs to have completed a good

schedule? Please provide comments.