Welding Journal

One of the most frustrating outcomes of a job occurs when the costs have been estimated, the order has been received, and the product has been built only to have the cost of the job ultimately exceed the estimate. This is especially frustrating when no clear cause can be assigned to the cost overrun. Often the problem results from failing to identify all the factors affecting cost, especially those that are not direct material or labor costs. Sometimes costs are hidden in operations that were not foreseen. The foll..