The mean-variance optimization suggested by Henry Markowitz represents a path-breaking work, the beginning of the so-called Modern Portfolio Theory. This theory has been criticized by some researchers ...

Maintain a disciplined bidding pipeline to ensure consistent project flow and avoid feast-or-famine cycles. Use post-bid ...

As you complete puzzles, you build puzzle-building habits. The same could be said for creating construction cost estimates — the more you frequently you do them, the more efficient you’ll become.

Accurate estimates are essential to a construction firm’s success. Overprice a bid and you’ll likely lose the project. Underprice it and you risk losing money and damaging relationships with partners ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The construction industry has been known to be notoriously ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

When people admire a beautifully designed home or a well-planned commercial space, they often focus on the architecture, ...