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The most basic element of a cost estimate and therefore the cost database is the estimate line item or work item. [3] An example is "Concrete, 4000 psi (30 MPa)," which is the description of the item. In the cost database, an item is a row or record in a table (of items) and the description is a column or field for that record.
A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
AADE – American Association of Drilling Engineers [1] AAPG – American Association of Petroleum Geologists [2] AAPL – American Association of Professional Landmen; AAODC – American Association of Oilwell Drilling Contractors (obsolete; superseded by IADC) AAV – Annulus access valve; ABAN – Abandonment, (also as AB and ABD and ABND)
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
Land spreading costs are typically $2.50 to $3.00 per barrel of water-based drilling fluids not contaminated with oil, and they could be higher for oily wastes containing salts (Bansal and Sugiarto 1999). Costs also depend on sampling and analytical requirements.
GSP Atlas drilling rig was designed by Sonnat Offshore and was built in the GalaĊ£i Shipyard in 1987. [1] The rig was upgraded in 2007. GSP Atlas has a length of 52.42 metres (172.0 ft), breadth of 40.8 metres (134 ft), depth of 6.4 metres (21 ft) and draft of 9.75 metres (32.0 ft), .
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