I'm the lead engineer at a small HVAC/Plumbing company and I was tasked to find a way to track engineering costs to help with future estimating. How do you typically estimate and track your costs? Is it just based on previous projects? One suggestion was that we track our costs on how much time we spend by system (domestic water, duct, waste and vent, etc.). We're small enough that there are only a few of us and so we all spend time on all systems during the day; seems very tedious and inaccurate to break it up by system to me.
In the end, I'm mostly just looking for ideas on what anyone else has done. Thanks!
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