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  2. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    This involves reviewing the project's plans and specifications to produce a take-off or quantity survey, which is a listing of all the materials and items of work required for a construction project by the construction documents. Together with prices for these components, the measured quantities are the basis for calculation of the direct cost.

  3. Origin (data analysis software) - Wikipedia

    en.wikipedia.org/wiki/Origin_(data_analysis...

    Older (.OPJ), but not newer (.OPJU), Origin project files can be read by the open-source LabPlot or SciDAVis software. The files can also be read by QtiPlot but only with a paid "Pro" version. Finally the liborigin [1] library can also read .OPJ files such as by using the opj2dat script, which exports the data tables contained in the file.

  4. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    If, for example, a project estimate was $1,252,000 for a specific scope and conditions, and at completion the records showed that $1,172,451.26 was expended, the estimate was 6.8% too high. If the project ended up having a different scope or conditions, an unadjusted computation does not fairly assess the estimate accuracy.

  5. List of most expensive U.S. public works projects - Wikipedia

    en.wikipedia.org/wiki/List_of_most_expensive_U.S...

    Price (nominal) Reference Year Price (ref. year) Price (2023 Inflation) Project 1956–present $425 billion 2006 $425 billion $642 billion Interstate Highway System: 1992–2006 $14.6 billion [1] [2] 1982 $8.08 billion $25.5 billion Big Dig, Boston, Massachusetts: 2000–2022 $1.4 billion [3] 2022

  6. Elemental cost planning - Wikipedia

    en.wikipedia.org/wiki/Elemental_cost_planning

    Always involves the measurement and pricing of approximate quantities at some stage of the process. Aim to achieve good value at the desired level of expenditure. Elemental cost planning is often referred to as 'designing to a cost' or 'target cost planning' since a cost limit is fixed for the scheme and the architect must then prepare a design ...

  7. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    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 ...

  8. Pre-construction services - Wikipedia

    en.wikipedia.org/wiki/Pre-construction_services

    The construction documents will also play a major role in estimating. [3] Pre-construction services grew out of construction cost estimating to encompass the other activities in planning a project. [4] The intent is to work with the project's owner to help deliver a satisfactory project that meets the owner's objectives.

  9. Fixed-price contract - Wikipedia

    en.wikipedia.org/wiki/Fixed-price_contract

    According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".

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