Having been a career estimator in the commercial construction industry for nigh on 40 years, there is one question I still ask myself over and over again. Why do we only want the ‘start’ figure that is known to be variable and not do enough to ‘forecast beyond the end’?

Many industry practitioners talk privately about a cultural change to reduce both the tendering risks and subsequent contracting risks inherited from the unreasonable and furthermore unrealistic terms and conditions pertaining to construction bidding. A whole-of-industry approach toward poor and inadequate documentation, price maintenance, trade contract discounting, sham contracting, under-reporting of…