Archives July 2023

construction cost plan

Demystifying Construction Cost Estimation with Data

Construction cost estimation is a critical aspect of any construction project, whether it’s a small residential development or a massive infrastructure undertaking. Accurate cost estimation is essential for project planning, budgeting, and ensuring that projects are completed within financial constraints. In recent years, the construction industry has witnessed a significant shift towards using data-driven approaches to enhance the accuracy and reliability of cost estimation. In this article, we will demystify the process of construction cost estimation with data and explore how it is transforming the industry.

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Builder in a mask

Analysis of the Impact of COVID-19 on Construction Statistics

The COVID-19 pandemic, which swept across the globe in early 2020, had far-reaching effects on various sectors of the economy, and the construction industry was no exception. This article delves into the impact of the COVID-19 pandemic on construction statistics, exploring how the industry coped with unprecedented challenges, adapted to new circumstances, and the statistical implications of these changes.

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