Best Practices for Accurate Job Estimation?

[Shinchan]

Estimating the cost and timeline for a job is crucial, yet I find it challenging to be spot on. I either overestimate and lose the bid or underestimate and face tight margins. What practices do you follow to make your estimates as accurate as possible? Any tools or software recommendations?

[byang05]

hey!! conduct a comprehensive analysis of the project scope, including all requirements, deliverables, and potential challenges 😊

[Noreen]

One key practice I've adopted is thorough planning and scope definition before providing an estimate. This involves breaking down the project into smaller tasks, considering all variables and potential challenges, and clearly defining project requirements with the client. 📊🏗️