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As cost estimating programs became more and more popular over the years, more advanced features, such as saving data for reuse, mass project-wide changes, and trade-specific calculations, have become available. [6] For example, programs that are designed for building construction, include libraries and program features for traditional builders.
In other types of construction projects, arbitrary "plan north" reference lines may be established, using Cartesian coordinates that may or may not necessarily correspond to true coordinates. The technique is called localized grid. This method uses the plan building grids as their own ordinates.
The value of work done (VOWD) is a project management technique for measuring and estimating the project cost at a point in time. It is mainly used in project environments of the Petroleum industry and is defined as the value of goods and services progressed, regardless of whether or not they have been paid for or received. The primary purpose ...
Equipment - (1) a category of cost for organizing and summarizing costs, (2) construction equipment used to execute the project work, (3) engineered equipment such as pumps or tanks. Escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period. In estimates, escalation is an allowance to ...
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.
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada. In 2004, MasterFormat was updated and expanded to 50 Divisions. [1]
These drawings are often a set of detailed drawings used for construction projects; it is a requirement for all HVAC work. They are based on the floor and reflected ceiling plans of the architect. After the mechanical drawings are complete, they become part of the construction drawings, which is then used to apply for a building permit.
Building construction often is resource-intensive. Material efficiency is a description or metric (( M p) (the ratio of material used to the supplied material)) which refers to decreasing the amount of a particular material needed to produce a specific product. [ 1 ]