Refining Estimating Standards to Achieve Cost Certainty
Time: 2:30 pm
day: Day Two
Details:
- Addressing the disconnect between conceptual estimating and design evolution to provide timely and accurate estimates that align with the iterative nature of design
- Analyzing completed projects to identify cost-driving metrics to proactively manage budget related risks throughout project evolution
- Using BIM, parametric modeling techniques, and Monte Carlo Simulations to reduce assumptions and make effective and reliable cost predictions