A New Estimating Strategy for Greater Remodeling Profit & Resilience
Wednesday, February 28 | 10:15 - 11:15 AM
LVCC - West 217
What It's About
The heart of profitability lies in the skill and accuracy of estimating projects. But times have changed, especially for remodelers. You need a system that ensures you meet your true costs of project execution and overhead, provides margins that are responsive to market conditions and offers the transparency that today’s sophisticated consumer demands. This session teaches you a pioneering new methodology for estimating that eliminates the shell game and provides clarity and control over your numbers: Cost of Project Execution (COPE). Learn to turn the dials on your estimates, markup and pricing to make your company more consistently profitable and deliver a better experience to your customers.
What You’ll Learn
- Learn to properly categorize and assign direct project costs using the Cost of Project Execution (COPE) method.
- Explore the use of 'capacity overhead' for assignment to projects.
- Understand the rationale for and ways to decouple profit from materials and subcontractors.
- Discover the potential benefits of transparency in estimating.
How to Attend
Participants must be registered for an Expo + Education pass. Seating for sessions will be on a first-come, first-served basis.