Today, Michael Anschel of @oabuilds joins Mike Knoche for a raucous discussion in the explanation of the Cost of Project Execution (C.O.P.E.) method for estimating.
We immediately drop into the issues surrounding single margin multipliers, a general misunderstanding of knowing profit from overhead and a general lack of trust that comes with not wanting to talk about project costs with clients. It’s an uncomfortable topic so, we avoid it.
We walk through a number of examples the make the C.O.P.E. method accessible to spec homes builder, custom home builders, remodelers, and sub trade contractors.
There are no markups using C.O.P.E.
But Mike, this flies in the face of anything I’ve ever known about estimating.
Mike casts doubt on Michael and this blasphemous method throughout.
This is a fun and interesting look at a different approach to estimating with Michael Anschel on his second appearance on TCH.
Michael is teaching a 6-week class starting December 1. Details at www.costofprojectexecution.com
My name is Mike Knoche and I’m a general contractor and reformed remodeler representing Zone 8 in Fairbanks, Alaska, I’m on a mission to catalyze the conversation in construction and give a platform to voices from across the industry at all levels of experience. The TCH podcast is a distillation of nearly 1000 years of collective construction industry knowledge and experiences through discussions with my guests over 102 episodes. It’s a grass roots effort to share knowledge, empower contractors and tradespeople with knowledge and affirmation. It started off as a mission to make the business side of running a contracting business easier, but running the business is nuanced. There’s making time for family, long days on the jobsite, irrational clients, stress, mental health issues, cool ideas, setting standards, honesty, integrity, respect, professionalism, and an absolute need to pull together to recruit more people in the trades, women in particular. We need more builders. What’s more, the experiences are universal across the building community we’re not that different no matter where we live. Since the podcast launch in May 2021, the podcast has been downloaded in over 70 countries and I am proud to tell you the TCH is now in the Top 5% of all podcasts globally. I may independently record and produce the podcast, but every GC needs good talent. Thanks to an A list of guests, we were able to build it, and the people came, as they say. Before the podcast launch, I was cynical about the construction industry with a good dash of hope. Now this hopeful cynic has found inspiration from the genuine nature of my guests, their stories, and feedback from my listeners.
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Host: Mike Knoche
Website: The Contracting Handbook
Guest: Michael Anschel