Building a construction estimate is the determination of what - ANSWER Probable construction cost of any given project
What are the types of estimates - ANSWER Detailed
Assembly
Square Foot
Model
Parametric
What are the advantages of a Square foot estimate - ANSWER Quickest
Used to ...
ECU CMGT 4000 (Estimating) final
Thomas
Building a construction estimate is the determination of what - ANSWER Probable construction cost of
any given project
What are the types of estimates - ANSWER Detailed
Assembly
Square Foot
Model
Parametric
What are the advantages of a Square foot estimate - ANSWER Quickest
Used to get a rough idea of cost
What are the disadvantages of a Square foot bid - ANSWER Numbers must be very similar to what is
being built
Cannot be relied upon to submit a Bona Fide bid
Where are Assembly bids most commonly used - ANSWER For single trade estimates
What is an example of an Assembly bid - ANSWER A $75 light pole switch installed includes: gang box
light switch two wire nuts, cover plate, 20' of 12 ga wire
What does a Detailed Estimate include - ANSWER Quantities and cost of everything required to complete
the project
Who needs to know how to estimate - ANSWER Project managers
Job foremen
Architects
Engineers
, GCs
Subs
Material Supplier
What skills are needed to do quantity takeoffs - ANSWER Ability to:
Read and Quantify plans
Have a basic understanding of math and geometry
Good patience
Able to do careful work
Computer literate
What skills are needed to be an estimator - ANSWER Quantity takeoff skills
Ability to visualize whole project
Good knowledge of job condition
Knowledge to convert labor and productivity into cost of a project
Keep DATA BASE OF COST FOR FUTURE REFERENCE
Skills in computer spread sheets and databases
Be calm in the storm
Good writing a presentation skills
What is the BEST source of information for bidding - ANSWER Your Own Historical Data
What are some of the Contract Documents - ANSWER Scope of work
Time of completion
Contract Sum
Progress Payments
Retained percent
Acceptance and Final payment
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