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#179949 - 08/06/08 09:54 PM Estimating  
neutron  Offline
Junior Member
Joined: Jun 2005
Posts: 23
longisland NY
Has anyone ever heard of National Electrical Estimator by Craftsman book co and if the labor units and prices are accurate? Its only $57 it seems to cheap to be true.


Business, Office, Estimating, Legal:

#180000 - 08/08/08 12:43 PM Re: Estimating [Re: neutron]  
kinetic  Offline
Member
Joined: Apr 2002
Posts: 156
Phoenix, Arizona
As a residential electrician it wasnt useful to me. Maybe as a guide but nothing more. Maybe I am thinking of the wrong product.....it came with a Craftsman book I purchase years ago. Pretty sure it was the National Electrical Estimator though.


#180004 - 08/08/08 02:58 PM Re: Estimating [Re: kinetic]  
dougwells  Offline


Member
Joined: May 2003
Posts: 1,138
kamloops BC Canada
Try and Get the Home depot CD to supplement national estimator it is more residential oriented and can be updated.


#180009 - 08/08/08 07:56 PM Re: Estimating [Re: dougwells]  
LK  Offline
Member
Joined: Jan 2003
Posts: 1,429
New Jersey
have been using it for many years, with great results, if you insert your actuals into the data, it is right on when pricing rsi, and small commercial work. Any of the software out there will not preform without accurate data, If you track your jobs and build an actuals base, you will have accurate bidding data.


#180019 - 08/09/08 09:07 AM Re: Estimating [Re: LK]  
neutron  Offline
Junior Member
Joined: Jun 2005
Posts: 23
longisland NY
LK i'm still learning estimating so forgive me for asking but what do you mean by actuals. And by the way thanks for the helpfull info.


#180022 - 08/09/08 12:22 PM Re: Estimating [Re: neutron]  
renosteinke  Offline
Cat Servant
Member
Joined: Jan 2005
Posts: 5,316
Blue Collar Country
"Actuals" are the records you've kept of your actual time and expenses for doing a job.

For example, the other day it took me six hours to install a switch and a ceiling fan in an occupied house. Having that figure - and other job details (like ease of access) will help my next estimate be more accurate.


#180046 - 08/10/08 06:42 PM Re: Estimating [Re: renosteinke]  
Obsaleet  Offline
Member
Joined: Apr 2003
Posts: 362
Pa
I have the 1998 verson. I only use it as a guide for labor units. It is some what limited to the assemblies it has listed and it take more time to do each item then I feel is worth it. However I am using it right now. I am bidding a project that requires me to install cable try for data. I have not done but a few small peices of this. so I will be using some labor units from this book with my rates.
I also must mention that it did come with a program but I found it was more work to use than it was worth.


Ob(Phil)


Choose your customers, don't let them choose you.

#180393 - 08/24/08 08:04 AM Re: Estimating [Re: Obsaleet]  
Tiger  Offline
Member
Joined: May 2005
Posts: 706
Crystal Lake, IL USA
Use your imagination and break a job down into it's smallest parts the first time. Once you've done the job, hyperaccurate task timekeeping will help you in the future. How long does it take to setup & cleanup, hang a fan, change an outlet, fish a wire? Once you have these "actual" tasks in your records you do estimates like an assembly...3 ceiling fans, 3 fish wires, 3 switches, 1 setup & cleanup. Keep your time estimates generous. It's better to make more profit than less.

Keep tracking your time & check your actual time against your estimated times. If it's taking longer to accomplish a task, you need to correct that task time, or you'll lose money every time you do that task. It's OK to lose money once, but it needs to be corrected quickly.

Dave


#180395 - 08/24/08 11:03 AM Re: Estimating [Re: Tiger]  
LK  Offline
Member
Joined: Jan 2003
Posts: 1,429
New Jersey
"Keep tracking your time & check your actual time against your estimated times. If it's taking longer to accomplish a task, you need to correct that task time, or you'll lose money every time you do that task. It's OK to lose money once, but it needs to be corrected quickly."

That is the secret to sucessful exstimating, over the years watching the pros, they don't use fancy or expensive software, they use their actuals sheets to get accurate estimates.





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