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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 ...
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
Some estimates put the cost of permeable paving at about one third more expensive than that of conventional impervious paving. [20] Using permeable paving, however, can reduce the cost of providing larger or more stormwater BMPs on site, and these savings should be factored into any cost analysis. In addition, the off-site environmental impact ...
A paver is a paving stone, tile, [1] brick [2] or brick-like piece of concrete commonly used as exterior flooring. They are generally placed on top of a foundation ...
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In project management (e.g., for engineering), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as Analogy based estimation; Compartmentalization (i.e., breakdown of tasks) Cost estimate; Delphi method; Documenting estimation results; Educated ...
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