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  2. Elemental cost planning - Wikipedia

    en.wikipedia.org/wiki/Elemental_cost_planning

    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 ...

  3. Cost estimation models - Wikipedia

    en.wikipedia.org/wiki/Cost_estimation_models

    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.

  4. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    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 ...

  5. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    Construction bidding is the process of submitting a proposal to undertake, or manage the undertaking of a construction project.The process starts with a cost estimate from blueprints and material take offs.

  6. Uniformat - Wikipedia

    en.wikipedia.org/wiki/Uniformat

    An example of how the numbering system expands to provide additional detail below level 1 is shown for A SUBSTRUCTURE A10 FOUNDATIONS A1010 Standard Foundations A1020 Special Foundations A40 SLABS-ON-GRADE A4010 Standard Slabs-on-Grade A4020 Structural Slabs-on-Grade A4030 Slab Trenches A4040 Pits and Bases A4090 Slab-on-Grade Supplementary Components

  7. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    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 ...

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