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  2. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    Cost estimators used columnar sheets of paper to organize the take-off and the estimate itself into rows of items and columns containing the description, quantity and the pricing components. Some of these were similar to accounting ledger paper. They became known as green sheets or spreadsheets.

  3. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    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 ...

  4. Quantity take-off - Wikipedia

    en.wikipedia.org/wiki/Quantity_take-off

    With BIM quantity take-off can be conducted almost automatically given that the type of materials, their quantity and price is included in the model. [2] It is known that construction projects often run overtime and over budget and one of the reasons is lack of accuracy in quantity takeoff and estimates.

  5. Cost to company - Wikipedia

    en.wikipedia.org/wiki/Cost_to_company

    Cost to company (CTC) is a term for the total salary package of an employee, used in countries such as India and South Africa. It indicates the total amount of expenses a company (organisation) spends on an employee during one year. It is calculated by adding salary to the cost of all additional benefits an employee receives during the service ...

  6. Overhead (business) - Wikipedia

    en.wikipedia.org/wiki/Overhead_(business)

    In addition, salary differs from wage as salary is not affected by working hours and time, therefore will remain constant. [10] In particular, this would more commonly apply to more senior staff members as they are typically signed to longer tenure contracts, meaning that their salaries are more commonly predetermined.

  7. Pay scale - Wikipedia

    en.wikipedia.org/wiki/Pay_scale

    A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.

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