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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.
The primary data set used in cost distance analysis is the cost raster, sometimes called the cost-of-passage surface, [9] the friction image, [8] the cost-rate field, or cost surface. In most implementations, this is a raster grid , in which the value of each cell represents the cost (i.e., expended resources, such as time, money, or energy) of ...
A reinforced concrete column is a structural member designed to carry compressive loads, composed of concrete with an embedded steel frame to provide reinforcement. For design purposes, the columns are separated into two categories: short columns and slender columns.
A KT gusset plate connects several members together through one gusset plate. The gusset plate is welded to a beam, and then two or three columns, beams, or truss chord are connected to the other side of the gusset plate through bolts or rivets or welds. [3] A uniform force bracing connection connects a beam, column, and one other member.
It is the cost for increasing a variable by a small amount, i.e., the first derivative from a certain point on the polyhedron that constrains the problem. When the point is a vertex in the polyhedron, the variable with the most extreme cost, negatively for minimization and positively maximization, is sometimes referred to as the steepest edge.
The column space of a matrix is the image or range of the corresponding matrix transformation. Let be a field. The column space of an m × n matrix with components from is a linear subspace of the m-space. The dimension of the column space is called the rank of the matrix and is at most min(m, n). [1]
A strap footing is often used in conjunction with columns that are located along a building's property or lot line. Typically, columns are centered on column footings, but in conditions where columns are located directly adjacent to the property line, the column footings may be offset so that they do not encroach onto the adjacent property. [3]
The Activity Based Costing (ABC) approach relates indirect cost to the activities that drive them to be incurred. Activity Based Costing is based on the belief that activities cause costs and therefore a link should be established between activities and product. The cost drivers thus are the link between the activities and the cost of the product.