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A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works. Both estimators and quantity surveyors must have a background education ...
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 pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...
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 ...
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 ...
The precast concrete slab has tubular voids extending the full length of the slab, typically with a diameter equal to the 2/3–3/4 the thickness of the slab. This makes the slab much lighter than a massive solid concrete floor slab of equal thickness or strength. The reduced weight also lowers material and transportation costs.
Cost – The cost of these construction materials will depend entirely on the geographical location of the project and the availability of the materials. Just as the price of gasoline fluctuates, so do the prices of cement, aggregate, steel, etc. Reinforced concrete derives about half of its construction costs from the required form-work.
Cast-in-place concrete or Cast-in-situ concrete is a technology of construction of buildings where walls and slabs of the buildings are cast at the site in formwork. [1] This differs from precast concrete technology where slabs are cast elsewhere and then brought to the construction site and assembled. [ 2 ]
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