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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 ...
Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] "Cost Engineers budget, plan and monitor investment projects. They seek the optimum balance between cost, quality and time requirements." [2]
Cost estimation in software engineering is typically concerned with the financial spend on the effort to develop and test the software, this can also include requirements review, maintenance, training, managing and buying extra equipment, servers and software. Many methods have been developed for estimating software costs for a given project.
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 rider — who anonymously spoke to local Phoenix, Ariz. news — was captured on video leaping from the park's Desert Storm roller coaster on Sunday, after he claimed to have heard a clicking ...
Kia is recalling over 62,000 of its 2022-2024 EV6 vehicles. The automobile manufacturer is recalling 62,872 cars for a loss of drive power from a damaged charging unit. In the National Highway ...
Software researchers and practitioners have been addressing the problems of effort estimation for software development projects since at least the 1960s; see, e.g., work by Farr [8] [9] and Nelson. [10] Most of the research has focused on the construction of formal software effort estimation models.
With American homeowners collectively sitting on a whopping $17.2 trillion in home equity as of 2024, you may be considering tapping into this resource to create the home you’ve always wanted.