LECTURE -03 TYPES OF ESTIMATE. PURPOSE OF ESTIMATE.
Types of Estimate In Construction | Types of Estimation 2022 | Building Estimation 2022 Estimation determines the probable construction cost of a project. Estimating can be done at various stages of project duration depending on the purpose of estimation. First estimation is done before construction starts for the purpose of making budget of the project or bidding the project as a contractor. There are various types of estimation can be done depending on project manual and drawing provided and the purpose of using estimated data. 1. Approximate estimate 2. Detail estimate 3. Quantity estimate 4. Revised estimate 5.Supplementary estimate 6. Combine revised and supplementary estimate 7. Annual repair and maintenance estimate
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