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Construction Estimation Project

Author(s):

Jivan Udayshankar Singh , THAKUR POLYTECHNIC; Maaz Munir Ahmed Shaikh, THAKUR POLYTECHNIC; Vighnesh Ramesh Sonavane, THAKUR POLYTECHNIC; Khushboo Tiwari, THAKUR POLYTECHNIC

Keywords:

Admin login, Builder login, Contractor login Resource calculation, Labor calculation, Day calculation, Cost calculation

Abstract

The method of developing a comprehensive project cost estimate is critical for a project to be adjudged successful on completion. Projects costing is one among the foremost critical and most generally used project management tools. This Software shoul make exact budget needs impossible to forecast accurately. The study sampled the opinion of fifty-three selected project professionals who had worked on related construction outfits in Owerri, Imo State. The score of respondents to the factors were analyzed using descriptive and inferential statistics, mean score value and factor analytic approach because the major tool with the help of SPSS. This was followed by therein order; number of bidders tendering, location of project, closure and blockade of borders, scale and scope of construction, materials price availability, contractors workload, constraints. Construction cost constitutes only a fraction, though a considerable fraction, of the entire project cost. However, its the a part of the value under the control of the development project manager. Since design decisions made at the start stage of a project life cycle are more tentative than those made at a later stage, the value estimates made at the earlier stage are expected to be less accurate.

Other Details

Paper ID: IJSRDV8I10203
Published in: Volume : 8, Issue : 1
Publication Date: 01/04/2020
Page(s): 61-62

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