The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

Cost estimating methods range from consulting experts to using historical data or unit pricing, but all methods will deliver incorrect estimates unless you meet basic costing requirements. You can ...

Accurate estimates are key to your construction business's success. Learn about the top five construction estimating software tools.