Why Do Builders Need Estimators?

Jun 10, 2024

Builders Need Estimators

Tackling a construction project – no matter the size – is a large-scale undertaking. Numerous components work independently before merging in the end. It’s not just about the labor; it involves planning, meetings, drafts, and cost estimating. A building estimating service is a valuable tool, but not just anyone can provide it. Today, we’ll explain why builders need estimators for their construction projects.

IT’S A DEDICATED ROLE

A building estimating service ensures construction projects run smoother and more efficiently. Estimators have extensive hands-on experience and understand the workflow of construction projects. This expertise allows them to make highly-educated estimations and necessary micro-adjustments as parameters and circumstances change. Like most dedicated roles, someone focused solely on estimating will generally be more effective and efficient than someone juggling multiple responsibilities. Estimators undergo specialized training and have extensive experience in this specific work, whereas for the average builder, estimating might be a background task done only a few times.

Tasks such as drafting up Bill of Quantities lists, feasibility studies, tax depreciation schedules, and monthly cash-flow forecasts are all relevant and critical when providing a building estimating service. If a builder tries to handle these tasks while managing contract workers and other demands, they may not complete them accurately or efficiently.

ALLEVIATES STRESS AND FREES-UP TIME

Builders have a lot on their plate managing multiple facets of a project. Adding the task of estimating can consume more of their time and possibly cause unnecessary stress. If they make a mistake, it could be costly. This is a compelling reason to hire a building estimating service. Hiring an estimator who knows what they’re doing is safer than risking a costly error by doing it yourself. This also allows builders to focus on other matters that require their attention, improving the overall efficiency of the project.

UNIQUE PERSPECTIVE

The experience and knowledge an estimator gathers over their career can be unique and invaluable. They can offer solutions that may not have previously occurred to you. Their trade enables them to know the ins and outs of the industry, constantly finding the most effective ways to achieve the desired goal. It’s not just about making the budget as cheap as possible, but also about achieving the best and most efficient results. An estimator utilizes their knowledge to find the best quality materials and efficient strategies moving forward.

WORKING IN UNISON AND NEGOTIATING

While a good estimator can work independently, there are times they must collaborate with the builder. If the estimator finds a more effective course of action or process, they will suggest it to the builder to streamline the project. If there’s a cheaper yet efficient way to proceed, the estimator will negotiate with the builder to reduce overall costs. Often, builders might choose a preferred product or something they trust without exploring other options. While this can sometimes be fine, it may also mean missing out on more effective products or methods. This is where an estimator excels.

DO YOU REQUIRE A BUILDING ESTIMATING SERVICE?

If you have an upcoming renovation or construction project, you’ll need an accurate and experienced building estimator to manage the development’s costs. Cost Logic has years of hands-on industry experience in providing cost estimating services. We will work with you to realize your project and help it come to fruition. Contact us at Email: [email protected], Phone: +61 423 609 877, or visit our website at www.costlogic.com.au.