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The most basic element of a cost estimate and therefore the cost database is the estimate line item or work item. [3] An example is "Concrete, 4000 psi (30 MPa)," which is the description of the item. In the cost database, an item is a row or record in a table (of items) and the description is a column or field for that record.
A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works.
This is a list of building materials. Many types of building materials are used in the construction industry to create buildings and structures . These categories of materials and products are used by architects and construction project managers to specify the materials and methods used for building projects .
Machinery Partner used BLS data to identify the construction materials—including equipment—that saw the steepest price increases over the last year. The cost of these 5 construction materials ...
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 ...
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 ...
Risks when considering lifetime cost of a material is if the building is damaged such as by fire or wind, or if the material is not as durable as advertised. The cost of materials should be taken into consideration to bear the risk to buy combustive materials to enlarge the lifetime. It is said that, "if it must be done, it must be done well".
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
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