Reply by Bill

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Posted on Counting The Cost: Estimating Questions

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2579 posts in 4401 days

#1 posted 02-01-2007 07:36 PM

I agree with that Dennis. So far, none of my projects have been duplicates, so each one has taken a long time.

To Mark’s point, I find estimating the labor for a new project to be somewhat difficult if I have not made the item before. However, I try to base it on the time it would take me to produce the item, including the learning time. If there are similarities between the new project and an old one, I have a better idea on the labor needed.

Even after all the estimating, I still have to look at the reasonable factor. My labor costs, even at a reduced rate, would make several of my projects too expensive for my customers. So, sometimes I have to just accept a set dollar amount for the labor and do what I can. If I ever get a reputation like Norm or Maloof or other giants, then I can probably get the labor dollars I should.

-- Bill, Turlock California,

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