|Statement||by Richard E. Larew.|
|LC Classifications||TH435 .L27|
|The Physical Object|
|Pagination||xiv, 348 leaves :|
|Number of Pages||348|
|LC Control Number||76357953|
Estimating Building Costs for the Residential and Light Commercial Construction Professional by Wayne J. Del Pico | Apr 3, out of 5 stars Construction cost estimating is a cumbersome process. It takes a long time for an estimator to complete an accurate estimate and construction contractors must prepare cost estimates quite Cited by: Written with an easy-to-understand approach, Cost Estimation: Methods and Tools provides comprehensive coverage of the quantitative techniques needed by professional cost estimators and for those wanting to learn about this vibrant career . The term cost modeling is often used to describe th e function of cost estimating. Any form of cost prediction can be desc ribed as a cost model, whether it is based on functional, perform ance.
Several companies that publish construction estimating books will send a “modification factor” quarterly to correct their prices for your local area. Look at their book, count the number of items in the book. The analysis of semi-structured interviews showed that the main method being used by mechanical and electrical construction organisations in predicting the likely costs of a typical project was the unit rate method of estimating, which was found in most estimating text books. A probabilistic model is proposed for estimation of total project cost using data on key risk factors that included (1) labour efficiencies, (2) machine efficiencies, (3) construction material. For most construction company valua- tions, the valuation method is essentially a choice between the capitalization of earn- ings, or cash flow, versus an adjusted book value method. An adjusted book value is often considered to be a floor of value. When to use a particular method .
estimating program with all the cost estimates in this book. The software will run on PCs using Windows XP, Vista, 7, 8, or 10 operating systems. Quarterly price updates on the Web are free and automatic . General Construction Cost Estimating Sheet; Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book. Learn the best ways to apply new tools, including a breakdown structure for both work and resources and proven estimating . The term “base cost estimate” was developed by WSDOT for cost risk analysis and represents the reviewed and/or validated project cost estimate to be used in the quantitative risk analysis for a project. The base cost represents the cost . Special Offer: All 8 Cost Estimating Books. Rated 0 out of 5 $ 2, – $ 4, Select options 2, – $ 4, Select options; International Construction Benchmark Yearbook.