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Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling
CMD Group, formerly Reed Construction Data and Construction Market Data, is a provider of business information for the North American construction industry. CMD is owned by ConstructConnect. Its historical roots lie in Construction Market Data, founded in 1982 to publish construction leads and market data.
Construction Data Company, is a publisher of business information which caters to the commercial construction industry. They are also known as CDC News and CDC Publishing , and are the third largest provider of commercial SaaS construction reports in the United States , next to Dodge Report and Reed Construction Data .
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 ...
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Technical reports used to be made available in print, but are now more commonly published electronically (typically in PDF), whether on the Internet or on the originating organization's intranet. Several schemes have been proposed or are in use to uniquely identify either an entire report series or an individual report:
Recent works by Ahiaga-Dagbui and Smith suggests an alternative to what is traditionally seen as an overrun in the construction field. [3] They attempt to make a distinction between the often conflated causes of construction cost underestimation and eventual cost overruns. Critical to their argument is the point of reference for measuring cost ...