Construction Accounting And Financial Management (4th Edition)
Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Textbook Question
Chapter 11, Problem 1DQ

How can the estimator increase the profit the company makes on a project?

Expert Solution & Answer
Check Mark
To determine

Explain the manner the estimator can increase the profit the company makes on project.

Explanation of Solution

The estimator might enhance the profit on a job by recognizing times when a higher profit and overhead gain might be charged or by dropping construction costs in the course of getting better price for materials and subcontractors’ work.

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What is a true indicator of the project's profitability?
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