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 ...

One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

If your small business engages in manufacturing, you should know three common manufacturing expenses. Many business owners make the mistake of estimating profits based on one manufacturing expense and ...

How do you know you're paying what you should be paying for a state-of-the-art, first-of-its-kind product, particularly if it's being produced in a sole-source environment from a proprietary technical ...