As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Maintaining cost-efficient information technology infrastructure is a key operational task of small and large companies. Frequent survey of a firm's IT infrastructure can help a business avoid ...

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 ...

CAMBRIDGE, Mass.--Consider the following scenario: A project manager at a major aerospace company is about to bid on the development of a new air fighter for the U.S. Air Force. The bid must bring the ...

As school districts nationwide plan for long-term maintenance and construction costs, they share a number of common concerns. Districts ask: • How much is a typical monthly maintenance bill, and what ...

Lockheed Martin is the prime F-35 contractor with principal partners Northrop Grumman and BAE Systems. The aircraft has three ...

The ability to consistently get accurate cost estimates for new products and parts is elusive. Cost estimates are inherently imprecise, and the underlying drivers can change daily based on the price ...

Historical data can help develop surrogate cost estimates for pipeline construction, potentially replacing a more costly full engineering study. A complete engineering package likely provides the best ...

The state enforces rigorous regulations to protect wetlands, coastlines, and endangered species habitats. Construction projects often require environmental impact studies, permitting delays, and ...

In an era of tighter budgets and economic uncertainty, you’d expect companies to be obsessed with cost. And yet, in many instances, cost overruns, vague estimates and budgeting surprises are still ...