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Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.
A concrete slab is a common structural element of modern buildings, consisting of a flat, horizontal surface made of cast concrete. Steel- reinforced slabs, typically between 100 and 500 mm thick, are most often used to construct floors and ceilings, while thinner mud slabs may be used for exterior paving ( see below ).
Concrete floor of a parking garage being placed Pouring and smoothing out concrete at Palisades Park in Washington, DC Workability is the ability of a fresh (plastic) concrete mix to fill the form/mold properly with the desired work (pouring, pumping, spreading, tamping, vibration) and without reducing the concrete's quality.
A pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...
Elemental cost planning is a system of Cost planning and Cost control, typically for buildings, which enables the cost of a scheme to be monitored during design development. 1951 saw the publication of the Ministry of Education Building Bulletin No 4 which essentially introduced the concept of elemental cost planning to the UK construction ...
Double tees are connected during the construction without topping with concrete to create the parking structure floor surface. [6] A benefit of pre-topped double tees is a higher quality concrete for more durable surface to reduce traffic wears. Factories can produce the topping with minimum concrete strength of 5,000 psi. In some areas, the ...