The most basic requirement for the preparation of a good bid is a precise and accurate estimate. If prepared by hand, not only the process would be laborious but also liable to errors. With the rapid digitalization of the construction ...
Estimating & Costing
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Category: Estimating & Costing
Estimating and costing in construction management is the calculation of quantities of materials, tools, equipments, labors etc. and cost associated with them.
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Methods of Cost Estimation in Projects – Tools and Techniques
Reliable cost estimates are necessary for all projects. Without a cost estimate, it would be impossible to prepare a business plan, establish detailed budgets, predict resource requirement or control project costs. In the process of cost estimation, the Project Cost ...
How to Estimate Concrete Costs?
Concrete work in a project usually holds the maximum weightage in terms of overall cost and work quantity. It therefore becomes an important step to calculate the concrete related costs while preparing a project estimate. The cost of concrete depends ...
What is Cost of Concrete Construction?
Concrete construction cost is one of the crucial and major components of total cost of a project. It greatly influences the total cost, so it is required to be estimated accurately. There are several parameters that influence the cost of ...
How to Calculate Steel Quantity for Slab, Footing and Column?
Estimation of steel reinforcement quantity for concrete slab, footing and column, beams etc. is crucial for the cost evaluation for the construction. Design drawings are used as a base for computing rebar quantity in different structural elements. This article presents steel ...
Methods of Approximate Construction Cost Estimate Preparation
Methods of preparation of preliminary or approximate construction cost estimation for studies of various aspects of work of project and its administrative approval is discussed. This estimate can decide, in case of commercial projects, whether the net income earned justifies the ...
Methods of Reinforcement Quantity Estimation in Concrete Structure
Estimation of steel reinforcement quantity is required for calculating cost of RCC structure along with other building materials as per construction drawing.
Methods of Detailed Construction Estimation Preparation
The preparations of detailed construction estimate consist of working out quantities of various items of work and then determine the cost of each item. This is prepared in two stages. Methods of Detailed Construction Estimation Preparation i) Details of measurements ...