Construction cost estimation is an essential process for any construction project. Accurately estimating the cost of a project can make the difference between a successful and profitable project or a project that falls short of expectations. However, there are some dos and don’ts to keep in mind when it comes to construction cost estimation. In this blog post, we will explore the top dos and don’ts of construction cost estimation.

The Dos of Construction Cost Estimation

  • Do consider all project requirements: When estimating the cost of a construction project, it’s important to consider all project requirements, including materials, labor, equipment, and any special requirements.
  • Do research current costs: Research current prices of materials, equipment, and labor in your area. This can help ensure that your cost estimates are accurate and up-to-date.
  • Do use historical data: Use historical data from past projects to help inform your cost estimates. Historical data can provide valuable insights into labor and material costs, as well as any unforeseen expenses.
  • Do break down costs: Break down the cost estimate into individual parts, such as materials, labor, and equipment. This can help ensure that each component of the project is accounted for and that the estimate is as accurate as possible.
  • Do consider unforeseen costs: When estimating costs, it’s important to consider unforeseen costs that may arise during the project, such as weather delays or unforeseen design changes.

The Don’ts of Construction Cost Estimation

  • Don’t underestimate costs: It’s important to avoid underestimating the cost of a project. This can lead to budget overruns, delays, and other issues that can impact the project’s success.
  • Don’t rely solely on cost-per-square-foot: Cost-per-square-foot is a common metric used in construction cost estimation, but it’s important to avoid relying solely on this metric. Every project is unique and requires a tailored cost estimate that accounts for specific requirements.
  • Don’t overlook the impact of design changes: Changes to the design of a project can have a significant impact on costs. It’s important to account for the potential costs of design changes when estimating project costs.
  • Don’t neglect to include indirect costs: Indirect costs, such as overhead expenses, should be included in the cost estimate. Neglecting to include these costs can lead to inaccurate estimates and cost overruns.
  • Don’t forget to review and adjust the estimate: After creating a cost estimate, it’s important to review and adjust the estimate as necessary. This can help ensure that the estimate is as accurate as possible and can help avoid budget overruns and other issues.


In conclusion, construction cost estimation is an important process that can impact the success of a construction project. By keeping these dos and don’ts in mind, you can create accurate cost estimates that help ensure the success of your project.