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  2. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    Construction estimating software. Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract.

  3. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.

  4. Building estimator - Wikipedia

    en.wikipedia.org/wiki/Building_estimator

    A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works. Both estimators and quantity surveyors must have a background education ...

  5. Cost overrun - Wikipedia

    en.wikipedia.org/wiki/Cost_overrun

    The cost overruns constituted 33% of the total expense. The budget for the bridge increased to 150%. The cost overruns exceeded the original budget by 50%. The final example is the most commonly used as it specifically describes the cost overruns exclusively whereas the other two describe the overrun as an aspect of the total expense.

  6. Home improvement - Wikipedia

    en.wikipedia.org/wiki/Home_improvement

    Home or residential renovation is an almost $300 billion industry in the United States, [3] and a $48 billion industry in Canada. [4] [full citation needed] The average cost per project is $3,000 in the United States and $11,000–15,000 in Canada. Professional home improvement is ancient and goes back to the beginning of recorded civilization.

  7. Estimation (project management) - Wikipedia

    en.wikipedia.org/wiki/Estimation_(project...

    Estimation (project management) In project management (e.g., for engineering ), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as. Popular estimation processes for software projects include:

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