Running a business requires an understanding of how to estimate a job. This book will show learners how to take-off a job, how to determine material cost and how to accurately estimate the labor cost. Users learn the importance of knowing how to determine overhead, profit and break-even point, and much more. Includes many review questions and answer key.

This text provides a comprehensive look at how to estimate electrical wiring for residential and commercial buildings with extensive discussion of manual vs. computer-assisted estimating. Each chapter focuses on a specific component such as the estimating process, labor units, estimate recap, bid processing and bid analysis, as well as contracts and proposals. Case studies, blueprints, a price and labor unit catalog and typical estimating forms provide real-world examples. Learning is reinforced through chapter objectives, summaries and review questions.