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2. Schedule of values - Wikipedia

   en.wikipedia.org/wiki/Schedule_of_values

   The Schedule of Values must be approved prior to first Payment Application. Schedule of Values can only be changed with approved Budget Transfer process in project accounting software, or by Change Order. After the Schedule of Values is approved, it becomes the basis for all Contractor/Vendor invoices for hard and soft costs." [1]

3. Earned value management - Wikipedia

   en.wikipedia.org/wiki/Earned_value_management

   In this example, the progress of three residential construction projects are compared by aligning the starting dates. If these three home construction projects were measured with the same PV valuations, the relative schedule performance of the projects can be easily compared.

4. 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 ...

5. Cost estimate - Wikipedia

   en.wikipedia.org/wiki/Cost_estimate

   For construction contractors or construction managers it is important to track and compile past data of trends, completed projects, production factors, equipment changes, and various labor markets. [32] Sample labor norms. The labor requirements are often the most variable and are a primary focus of construction cost estimators.

6. Punch list - Wikipedia

   en.wikipedia.org/wiki/Punch_list

   The list is usually made by the owner, architect or designer, or general contractor while they tour and visually inspect the project. [2] In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3]

7. Keep Construction Projects on Schedule with Travelers' New ...

   www.aol.com/news/2013-05-20-keep-construction...

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