Search results
Results From The WOW.Com Content Network
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Second fix work requires a neater finish than first fix. The division of work is a convenient description because electricians, plumbers and carpenters will probably have to make two separate visits to one property under construction, at separate times. Project managers can report "first fix complete" or "second fix 50% done" and others can ...
A contractor progress payment schedule is a schedule of when (according to project milestones or specified dates) contractors and suppliers will be paid for the current progress of installed work. Progress payments or interim payments are partial payments for work completed during a portion of a construction period, usually a month. Progress ...
In project management, scope is the defined features and functions of a product, or the scope of work needed to finish a project. [1] Scope involves getting information required to start a project, including the features the product needs to meet its stakeholders' requirements. [2] [3]: 116 Project scope is oriented towards the work required ...
Exterior insulation and finish system (EIFS) is a general class of non-load bearing building cladding systems that provides exterior walls with an insulated, water-resistant, finished surface in an integrated composite material system. EIFS has been in use since the 1960s in North America and was first used on masonry buildings.
Carpentry is a skilled trade and a craft in which the primary work performed is the cutting, shaping and installation of building materials during the construction of buildings, ships, timber bridges, concrete formwork, etc. Carpenters traditionally worked with natural wood and did rougher work such as framing, but today many other materials ...
Carpenter, a craftsperson who performs carpentry, building mainly with wood. [1] Among carpentry's subsidiary trades are those of cabinet maker and millworker, cladder , framer , joiner , deck builder, furniture maker, interior trim carpenter, exterior trim carpenter, siding installer, and even a coffin maker.
The master service agreement serves as a master contract governing the terms over potentially multiple SOWs. Sometimes it refers to scope of work. For instance, if a project is done on contract, the scope statement included as part of it can be used as the SOW since it also outlines the work of the project in clear and concise terms. [3]