vault backup: 2025-10-13 07:19:08

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2025-10-13 07:19:08 -04:00
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@@ -12,8 +12,10 @@ title: Bid Process Strategy
# Bid Process Strategy
This note is intended to describe
[[strategy#Auction Theory]]
...
particularly [[strategy#Auction Theory]],
which specifically addresses the competitive bid format
typical of construction project award.
**Executives** inform **Risk Tolerance**,
**Risk Tolerance** informs **Minimum Estimate Certainty**
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@@ -67,3 +67,11 @@ even those that could be done by one person.
Making estimation more efficient and enjoyable
requires a unified effort by estimators
to embrace the statistical aspects of our field.
## Technicality
In other industries, estimating is treated appropriately like a data science.
[[gut-feel]]
[[estimator-calibration]]
[[ai-in-estimating]]
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- formula.type
- formula.linkText
sort:
- property: formula.type
direction: ASC
- property: file.size
direction: DESC
columnSize:
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@@ -3,9 +3,11 @@ id:
aliases: []
tags:
- destiny/fleeting
- status/incomplete
- topic/automation
- topic/estimating
- topic/software
- type/idea
title: Functional Labor Factoring
---
# Functional Labor Factoring
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@@ -6,6 +6,7 @@ tags:
- topic/automation
- topic/estimating
- topic/software
- type/philosophy
title: Separating Estimating Concerns
---
# Separating Estimating Concerns
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id:
aliases: []
tags:
- destiny/uncertain
- status/incomplete
- topic/estimating
- topic/software
- type/philosophy
title: Software Based Estimating
---
# Software Based Estimating
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@@ -29,8 +29,17 @@ made in competition with other intelligent actors.
Predictions of competitor behavior in bids and market movements
are made with a game-theoretic lens.
### Dominant Strategy
The dominant strategy is the course of action
that results in the best outcome
### "Solved" Games
<!-- TODO: -->
### Auction Theory
Auction theory is a subset of game theory
that specifically addresses the competitive bid format
typical of construction project award.
<!-- TODO: -->
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aliases: []
tags:
- topic/estimating
- destiny/uncertain
- status/incomplete
- type/philosophy
title: Traditional Estimating Methods
---
# Traditional Estimating Methods