Cost estimation of a project is the process of forecasting the probable cost for the due fulfillment of the project objectives, to the prescribed workmanship covered by specifications for various items of works and to the stipulated time schedule. For ...
Estimation
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How to Make Deductions in Masonry Construction Estimation?

Deduction is necessary in certain cases while estimations are carried out for masonry constructions. For instance, the presence of openings in masonry walls, bearings, doors, windows, segmental arch openings, and semi-circular arch openings. Deductions for these conditions shall be conducted ...
Degree of Accuracy in Estimating Construction Works

The degree of accuracy used in the estimation of various material quantities used in the construction is crucial. This is to prevent cost estimate errors due to lack of proper accuracy and time consuming because of considering great accuracy which ...
Valuation of Building – Methods and Calculation of Valuation

Valuation of building or property is the method of calculating the present marketable cost of a building. Valuation of a building depends on the sort of building, its structure, durability, location, size, shape, the width of roads, frontage, types and ...
Top 10 Estimation Software in Construction Industry

The most basic requirement for the preparation of a good bid is a precise and accurate estimate. If prepared by hand, not only the process would be laborious but also liable to errors. With the rapid digitalization of the construction ...
Methods of Reinforcement Quantity Estimation in Concrete Structure

Estimation of steel reinforcement quantity is required for calculating cost of RCC structure along with other building materials as per construction drawing.
Rate Analysis for Cement Mortar -Calculate Quantity and Cost

Rate analysis for cement mortar requires estimation of materials i.e. cement and sand required for 1m3 for various proportions, CM 1:2, 1:4, 1:6, 1:8 etc.
Factors Affecting Construction Cost Estimation

Various factors influence the cost estimation of a construction project. Preparation of a construction cost estimate for any project is a very complex process which consists of many variable factors. Every variable has to be correctly estimated based on proper ...