The Role of Data Analytics in Construction Estimating

I. Introduction Construction projects require careful planning, coordination, and the allocation of resources to ensure that they are completed successfully. One of the most critical aspects of any construction project is the cost estimation process, which involves determining the cost of labor, materials, equipment, and all other expenses that will be incurred during the project. Accurate cost estimation is crucial for the success of the project, and it sets the foundation for the project budget and helps to ensure that the project remains on track, both financially and in terms of meeting its objectives.