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What is Cost Estimation in Construction Projects about?

This document discusses cost estimation for construction projects. It defines cost estimation as valuing all project costs in monetary terms, including costs for planning, implementation, and monitoring. It identifies key cost components and factors affecting costs. The purposes of estimation are also outlined, such as determining actual unit costs and identifying total engineering estimates. Different types of cost estimation are described, including preliminary, detailed, revised, and supplementary estima

Author

Teddy y

Language

EN