Ep 36 - ’The Shed' Video Tutorial - Estimating

Welcome to the Making With Myles podcast, where we dive into all things building construction and real estate through the lens of a seasoned building inspector, Myles Clark. In this special episode, Myles walks you through the essential process of estimating construction projects using a detailed Excel spreadsheet.

LINKS TO DOWNLOAD SPREADSHEET EXAMPLES HERE:

https://www.dropbox.com/scl/fi/r6u9py...

https://www.dropbox.com/scl/fi/attt7k...

https://www.dropbox.com/scl/fi/4mwpwf...

Key Topics Covered:

Understanding the importance of accurate estimating in construction projects

Detailed walkthrough of the major estimating spreadsheet used by Myles

Tips for avoiding common pitfalls and ensuring profitability in your projects

Timestamps:

00:00: Introduction to the importance of honesty and professionalism in client interactions

00:25: Overview of the podcast format and introduction to the estimating spreadsheet

01:06: Detailed explanation of the estimating process and the significance of accurate estimates

02:10: Step-by-step walkthrough of the Excel spreadsheet for estimating construction projects

13:57: Importance of cost tracking and cash flow management in construction projects

22:33: Reviewing the completed job and analyzing wins and losses in the budget

31:00: Emphasizing the value of transparency and professionalism in client communication

Frequently Asked Questions:

How can accurate estimating impact the success of a construction project?

What are the key components of the estimating spreadsheet used by Myles?

How can cost tracking help in managing cash flow during a project?

What are the best practices for handling provisional sums and prime cost items?

How can transparency and communication with clients improve project outcomes?

Takeaways:

Learn the importance of honesty and professionalism in client interactions

Gain insights into the detailed process of estimating construction projects

Understand the significance of accurate cost tracking and budget management

Discover the value of transparency and clear communication in project management

If you're looking to level up your construction estimating skills and enhance your project management capabilities, this episode is a must-listen. Don't miss out on valuable insights and practical tips from Myles Clarke, a seasoned expert in the field.

For more detailed guidance and a visual walkthrough of the estimating spreadsheet, check out the accompanying video on YouTube. Download the spreadsheet and start optimizing your construction estimating process today!

Remember, honesty, transparency, and professionalism are key to success in the construction industry. Stay tuned for more valuable insights and practical advice on the Making With Myles podcast. Like, share, and subscribe for more content to help you excel in the world of building construction and real estate.