Search results
Results from the WOW.Com Content Network
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 ...
The original estimates put forth by the Port Authority had the costs for construction of the World Trade Center at $350 million—an optimistic figure. [139] In December 1966, the Port Authority announced increased cost estimates, bringing the estimated total to $575 million. [140]
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 ...
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.
The span replacement took place between 2002 and 2013, and is the most expensive public works project in California history, [5] with a final price tag of $6.5 billion, a 2,500% increase from the original estimate of $250 million, which was an initial estimate for a seismic retrofit of the span, not the full span replacement ultimately completed.
The Eiffel Tower in Paris is a historical achievement of structural engineering.. Structural engineering is a sub-discipline of civil engineering in which structural engineers are trained to design the 'bones and joints' that create the form and shape of human-made structures.
A Post truss is a hybrid between a Warren truss and a double-intersection Pratt truss. Invented in 1863 by Simeon S. Post, it is occasionally referred to as a Post patent truss although he never received a patent for it. [28] The Ponakin Bridge and the Bell Ford Bridge are two examples of this truss.