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Episode 195 – Estimate This: Managing Project Estimation

Velociteach

What kind of things do we need to estimate on a project? REN LOVE: There are lots of things that can be estimated on a project. Factors in a Project Estimate WENDY GROUNDS: What are some of the factors and the considerations that are essential when you’re building out your estimates? What’s your efficiency? What about inflation?

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2020 Challenges and Trends in Construction

Epicflow Blog

Innovative Technologies in Building: AR, VR, and 3D Printing . AR makes it possible to automate measurements of buildings, which, in turn, allows to order the most optimal amount of necessary materials and assign the right number of workers for a project. These technologies help workers stay safe. million by 2021.

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Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

This is particularly useful in a process that cannot easily be predicted due to the intervention of random variables. The costs being analyzed are Engineering, Marketing, and Information Technology (IT) Equipment. Each cost estimate is based on uncertain factors like labor rates, material costs, etc.

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Challenges With Implementing Artificial Intelligence in Project Management

International Institute for Learning

All new AI inventions or technical breakthroughs will have both advantages and disadvantages. The world-wide project management community of practices is slowly recognizing how AI will be able to improve the practice of project management. Did you get your PMP® before January 1, 2021? Find out more here. Check it out!

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How to Effectively Run Construction Management Projects

Wrike

trillion by 2021. If you’re just getting started in project management or are interested in learning more about how construction project management is different from general project management, make sure you review the contents of this section. Construction Management Project Basics.