Mike Holt's Illustrated Guide to Understanding Electrical Estimating

By: Mike Holt

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Synopsis: All businesses exist for one reason, and that is to make money! One important step is to know what it costs to complete your projects. How you estimate can make or break a company. With practice, you can learn the skills and techniques that will allow you to produce a high-quality estimate in a timely manner that will allow your company to accurately predict material and labor needs so you can successfully and consistently manage your project for a profit! While today most people use electrical estimating software to create estimates, you need to understand the numbers and the process behind the estimate if you want to stay in business. This book teaches you the estimating process so you can understand what estimating is and how to do it right. Armed with the right information, you will know how to be competitive, make more money, and, more importantly, when to say “No” and walk away! In this program you'll learn: • Introduction to Estimating • Qualities of an Estimator • The Estimating Process • The Takeoff • Determining Labor Costs • Unit Pricing • Determining Break-Even Cost • The Bid Process • Software-based Estimating