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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 ...
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 ...
Price Sensitivity Meter (van Westendorp) The Price Sensitivity Meter (PSM) is a market technique for determining consumer price preferences. It was introduced in 1976 by Dutch economist Peter van Westendorp. The technique has been used by a wide variety of researchers in the market research industry. It historically has been promoted by many ...
Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project.
Autumn colours at Stourhead gardens. The landscape design phase consists of research, gathering ideas, and setting a plan. Design factors include objective qualities such as: climate and microclimates; topography and orientation, site drainage and groundwater recharge; municipal and resource building codes; soils and irrigation; human and vehicular access and circulation; recreational ...
In the first part of the 20th century, plant ecologists often used the species–area curve to estimate the minimum size of a quadrat necessary to adequately characterize a community. This is done by plotting the curve (usually on arithmetic axes, not log-log or semilog axes), and estimating the area after which using larger quadrats results in ...