The Cost of Assumptions: How Contractors Can Quantify Risk When Estimate and Schedule Diverge

Contractors routinely move into project execution carrying a hidden liability: the bid assumptions that shaped the estimate are no longer traceable in the execution budget or baseline schedule. The disconnect exposes contractors to risk exposure that goes undetected at handoff—and surfaces later as margin erosion, productivity shortfalls, and contractual disputes.

This webinar delivers a practical, contractor-side framework for identifying, quantifying, and preventing estimate–schedule divergence using structured project controls practices, quantitative risk analysis, and Monte Carlo simulation.

Join us at this webinar to learn to:
 

• Identify hidden assumption risk in as-bid estimates and baseline schedules
• Assess the degree of traceability between bid estimates, execution budgets, and baseline schedules
• Quantify estimate–schedule divergence as a measurable driver of risk, using QRA and Monte Carlo methods
• Implement a contractor-side validation workflow that embeds evidence-based audit trails into the estimate-to-execution handoff
• Improve margin forecast accuracy and reduce downstream claims and disputes through defensible, data-driven execution models