Mastering Indirect Cost in Heavy Construction Estimating
Wednesday, August 21, 2024
2:00 PM ET
Elevate Your Cost Management Strategy with Our Exclusive Webinar for Active Customers! Master the nuances of managing Indirect Costs within your heavy construction projects through our training session. This free webinar sheds light on the essential 'Indirect Item' feature, a pivotal tool for incorporating project overheads and general costs.
Discover how to navigate and utilize the Indirect Item to its full potential: from accessing it through the Markup Summary, to adding costs as you would for any standard item, and finally to spreading these costs across your Bid Sheet Items with precise percentage allocations.
Learn how to adjust these percentages manually to align with your project needs, ensuring a tailor-made approach to cost distribution and cash flow optimization.
The webinar will also guide you through the 'Post' feature, which allows you to distribute the Indirect Item's cost across selected Bid Items, improving your project's financial accuracy without affecting overall markup.
Moreover, you'll gain insights into modifying or resetting these allocations post-posting to maintain flexibility as your project evolves.
This session is crucial for those looking to refine their approach to project budgeting, offering strategies to manage indirect costs effectively, thereby ensuring a robust and adaptable financial framework for your construction projects.
Register now to secure your access to expert-led insights and transform your cost management capabilities!
30 minute scheduled program followed by live question and answer session.
