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What is Estimation and Valuation Techniques about?
Estimating is the process of calculating the quantities of materials, labor, and costs for a construction project. An accurate estimate is needed to determine if the project budget is sufficient, invite bids from contractors, and control costs during construction. Preparing an estimate requires drawings, specifications, and rate schedules. Quantities of items like earthwork, concrete, and masonry are calculated using methods like the long wall-short wall or centerline techniques. Proper measurement and docu
- Author
- Srinivas P
- Language
- EN