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Many construction cost estimators continue to rely primarily upon manual methods, hard copy documents, and/or electronic spreadsheets such as Microsoft Excel. While spreadsheets are relatively easy to master and provide a means to create and report a construction cost estimate and or cost models, their benefit comes largely from their ability ...
1982, ZX81 Memocalc, for low cost ~$100 personal computer with 16K RAM expansion, launched by Memotech in April 1982. 1982, Multiplan for CP/M operating system, later becoming Microsoft Excel, launched Aug 1982. 1983, Lotus 1-2-3 for MS-DOS, the first killer application for the IBM PC, it took the market from Visicalc in the early 1980s.
This COBie MVD, produced under contract to the Construction Engineering Research Lab, was created by the buildingSMART international Model View Definition support group, and was based on IFC 4. [9] The main standard contains the project's Information Delivery Manual and Model View Definition as well as business case and implementation resources.
Spreadsheet is a class of application software design to analyze tabular data called "worksheets". A collection of worksheets is called a "workbook". A collection of worksheets is called a "workbook".
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 ...
Uniformat is a standard for classifying building specifications, cost estimating, and cost analysis in the U.S. and Canada. The elements are major components common to most buildings. The elements are major components common to most buildings.
In order to conduct the cost breakdown analysis, the starting point is to examine the various cost drivers of the service or product that is being analyzed. When itemizing the costs of transportation, one can come up with a simplified list of six cost drivers, namely: Personnel (e.g. driver) Motor fuel (diesel / gasoline) Tires; Maintenance; Tolls
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 ...
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