Restoration estimates. There are three variables to consider when compiling a damage estimate: area involved, time frame for restoration and production costs. (Photo: Kzenon – Fotolia)

It is easy to be overwhelmed by the scale of a large loss. One of the most crucial skills for any repair and remediation expert is the ability to see past the devastation and quickly and accurately compile an estimate for any size project. Sell yourself short and your estimate will not cover the costs of your company’s skills, time and materials. Aim too high and you will be undercut by competitors. It is a fine balance.

The first step when you are responding to a large loss is damage assessment. This is the foundation of the project. Make a mistake here, and you could pay dearly as the project unfolds. Get it right, and you will be off to a flying start.

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