Hard Costs vs Soft Costs

Problem

what are soft costs? what are hard costs in MacNail construction estimating software?

Diagnosis

hard costs are actual construction costs (e.g. plumbing, framing, trim).
soft costs are everything else (sales tax, overhead, profit, supervision etc).

Solution

A few things like supervision could go either place, it's no big deal really where they put them in that case.

This question mainly comes up in estimating, but it might apply to any part of MacNail construction management software

Comments

Entered 1/18/95 by Dennis. Updated 11/25/2010.