Overview

Quoting (or estimating) a project can be a complicated process, arguably one of the most complicated. However, it’s also one of the most important processes in any business, relying on both experience and expert knowledge. If not done right, it can genuinely impact a business’s profitability.

Furthermore, being able to accurately measure a project’s progress allows you to learn and more accurately estimate your next project. Quotes enable you to prepare detailed estimates that form the basis of any project. Of course, you don’t need to create a quote to start working on a project, such as in the case of a project which is based on time and materials.