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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 ...
The model then provides as output various resources requirements in cost and time. Some models concentrate only on estimating project costs (often a single monetary value). Little attention has been given to the development of models for estimating the amount of resources needed for the different elements that comprise a project. [1]
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 ...
Sandblasting equipment typically consists of a chamber in which sand and air are mixed. The mixture travels through a hand-held nozzle to direct the particles toward the surface or work piece. Nozzles come in a variety of shapes, sizes, and materials. Boron carbide is a popular material for nozzles because it resists abrasive wear well.
The decision whether to construct a tunnel using a TBM or using a drill and blast method includes a number of factors. Tunnel length is a key issue that needs to be addressed because large TBMs for a rock tunnel have a high capital cost, but because they are usually quicker than a drill and blast tunnel the price per metre of tunnel is lower. [2]
The selection of the proper index to use depends on the industry in which it is applied. For example, while CE, M&S or IC Index are typically employed for chemical process industries, the ENR (Engineering News-Record) construction index is used for general industrial construction and takes in account the prices for fixed amounts of structural steel, cement, lumber and labor.
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