The function of estimating properly and then controlling costs is crucial to the contractor but not so much to you. True or False?

Estimating and controlling costs are essential functions for both contractors and clients. Proper estimation ensures that the work can be completed within a budget, which is vital for the financial success of any project, whether large or small. For clients, understanding costs helps in making informed decisions, planning adequately, and avoiding unforeseen expenses that can arise during the project.

When a contractor accurately estimates costs and maintains control over them, it benefits the client by creating a smoother project execution, enhancing trust, and aligning expectations with actual outcomes. Poor cost management can lead to delays, overspending, and dissatisfaction for all parties involved. Thus, acknowledging the importance of cost estimation and control reinforces that it is a shared concern in the contractor-client relationship rather than the sole responsibility of the contractor.