Challenges Construction Estimators Encounter When Estimating Construction Projects

Sunday Adefila - 4 pages 1041 words 1473 views Paper All Levels Building Technology ₦1000 Naira ($6.67 USD)

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In a construction project as in any other projects, one of the first steps is to obtain the cost estimate for the project. For a construction project to be successful, the contractor has to first get a cost estimate. This will be the basis (the foundation) on which his tender, and consequently his execution of the whole project will be based. A defunct cost estimate may therefore lead to a bad job execution. On the other hand over-estimation for a project may prevent the contractor from winning the contract, (keeping in mind that profit is the essence of any business).

CONTENT
Introduction
Different ways of estimating cost
Steps in estimating cost
Challenges faced in estimating cost
Summery
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(2014, 08). Challenges Construction Estimators Encounter When Estimating Construction Projects.. Afribary.com. Retrieved 08, 2014, from https://afribary.com/read/2570/challenges-construction-estimators-encounter-when-estimating-construction-projects-1075
"Challenges Construction Estimators Encounter When Estimating Construction Projects." Afribary.com. 08 2014. 2014. 08 2014 <https://afribary.com/read/2570/challenges-construction-estimators-encounter-when-estimating-construction-projects-1075>.
"Challenges Construction Estimators Encounter When Estimating Construction Projects.." Afribary.com. Afribary.com, 08 2014. Web. 08 2014. <https://afribary.com/read/2570/challenges-construction-estimators-encounter-when-estimating-construction-projects-1075>.
"Challenges Construction Estimators Encounter When Estimating Construction Projects.." Afribary.com. 08, 2014. Accessed 08, 2014. https://afribary.com/read/2570/challenges-construction-estimators-encounter-when-estimating-construction-projects-1075.

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