Artificial intelligence (AI) is revolutionising the construction industry by offering robust methodologies for cost estimation that enhance accuracy, efficiency and transparency in project planning.

Cost estimation, a pivotal component in project management and production planning, has increasingly harnessed the power of machine learning techniques to augment accuracy and efficiency. By ...

When Gov. Gavin Newsom unveiled his scaled-down blueprint for the California bullet train four years ago, he proposed building a 171-mile starter segment in the Central Valley that would begin ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

Although technical considerations are normally in the forefront as companies plan automation upgrade projects, cost is often the factor able to outweigh all others. All the wonderful ideas about new ...

Gov. Gavin Newsom’s administration announced that the estimated cost of building a tunnel to transport water beneath the Sacramento-San Joaquin River Delta has risen to $20.1 billion. The estimate is ...

The US Department of Energy’s National Renewable Energy Laboratory (NREL) has released a cost-estimation tool for new closed-loop pumped storage hydropower (PSH) plants in the United States. The tool ...

PayloadSpace estimates the costs of SpaceX Starship now and in a few years. Their estimate is a $90 million build cost now and a future build cost of $20 million. SpaceX would likely charge customers ...

When Japanese, South Korean and Taiwanese representatives and three U.S. cabinet secretaries arrive in Alaska this week to discuss financing, building and utilizing gas from the proposed Alaska ...

A person who is retiring at 65 can expect to pay more than $172,500 in healthcare and medical expenses throughout their retirement, according to the latest Retiree Health Care Cost Estimate by ...

Shelby is an editor with an affinity for covering home improvement and repair, design and real estate trends. She also specializes in content strategy and entrepreneur coaching for small businesses, ...