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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.
A cost estimate is often used to establish a budget as the cost constraint for a project or operation. In project management, project cost management is a major functional division. Cost estimating is one of three activities performed in project cost management. [3] In cost engineering, cost estimation is a basic activity. A cost engineering ...
The exterior of the A.O. Smith Corporation Building in Milwaukee was clad entirely in aluminium by 1930, and 3-foot-square (0.91 m) siding panels of Duralumin sheet from Alcoa sheathed an experimental exhibit house for the Architectural League of New York in 1931. Most architectural applications of aluminium in the 1930s were on a monumental ...
The square is an Imperial unit of area that is used in the construction industry in the United States and Canada, [1] and was historically used in Australia. One square is equal to 100 square feet. Examples where the unit is used are roofing shingles, metal roofing, vinyl siding, and fibercement siding products.
For example, if a lot must adhere to a 0.1 FAR, then the total area of all floors in all buildings on the lot must be no more than one-tenth the area of the parcel itself. In other words, if the lot was 10,000 sq. ft, then the total floor area of all floors in all buildings must not exceed 1,000 sq. ft.
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Professionals including cost engineers, estimators and quantity surveyors apply expertise to relate the work and materials involved to a proper valuation. Financial planning ensures adequate safeguards and contingency plans are in place before the project is started, and ensures that the plan is properly executed over the life of the project.