Purpose of a Building Cost Estimation and Estimation Methods |
Author(s): |
| Ronak Dave , SARDAR PATEL COLLEGE OF ENGINEERING, BAKROL; Kevin Parmar, SARDAR PATEL COLLEGE OF ENGINEERING, BAKROL; Brijesh Patel, SARDAR PATEL COLLEGE OF ENGINEERING, BAKROL; Jugal Mistry, SARDAR PATEL COLLEGE OF ENGINEERING, BAKROL |
Keywords: |
| Estimation, Purpose of Estimating, Requirements of Estimation and Costing, Data Required to Prepare an Estimate, Procedure of Estimating or Method of Estimating, Principle of Units for Various Items of Works |
Abstract |
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Estimating is the technique of calculating or computing the various quantities and the expected Expenditure to be incurred on a particular work or project. In case the funds available are less than the estimated cost the work is done in part or by reducing it or specifications are altered, the following requirement are necessary for preparing an estimate. Drawings like plan, elevation and sections of important points, Detailed specifications about workmanship & properties of materials etc, Standard schedule of rates of the current year. It also aims in finding out the probable cost, or the estimated cost of the project based on the computation of quantities and different types of estimation methods. |
Other Details |
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Paper ID: IJSRDV5I80372 Published in: Volume : 5, Issue : 8 Publication Date: 01/11/2017 Page(s): 642-646 |
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