Yellow Pad Estimating For Contractors: The Good and the Bad

JLC Online: Many contractors start out estimating and learning how to estimate using what I refer to as the "Yellow Pad Method". Using paper and a pencil they can create estimates any time and on the fly. However as the business grows, particularly when others take over the management and building of projects sold, the typical yellow pad estimate may not give the build team the information they need to build the project on their own. Also, the information within the yellow pad estimate may not be in an intuitive and organized format, making it hard to find the information they need.