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Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. 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 ...
Quantity take-offs (QTO) are a detailed measurement of materials and labor needed to complete a construction project. They are developed by an estimator during the pre-construction phase. This process includes breaking the project down into smaller and more manageable units that are easier to measure or estimate.
Material take off is not limited to the amount of required material, but also the weight of the items taken off. This is important when dealing with larger structures, allowing the company that does the take off to determine total weight of the item and how best to move the item (if necessary) when construction is completed.
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 ...
In July 2019, it acquired Construction Computer Software (CCS), a software provider in South Africa. [17] In August 2019, RIB made a strategic investment into Winjit, an IoT, AI, ML, and blockchain software provider, with offices in US, South Africa, and India. [18] It also acquired CCS UK, a British distributor of CCSSA’s construction ...
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.
However, general-purpose software may be used in the same manner at a fraction of the cost of design software. [citation needed] When planning the construction phase, various project management methods are used to estimate factors such as cost, schedule and resourcing. Different software packages rely on different formulas and theories as the ...
The company's Revit line of software for building information modeling is designed to let users explore the planning, construction, and management of a building virtually before it is built. [ 6 ] Autodesk's Media and Entertainment division creates software for visual effects, color grading, and editing as well as animation, game development ...
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