Estimating & Costing – The Constructor https://theconstructor.org Mon, 10 Oct 2022 17:58:50 +0000 en-US hourly 1 https://i0.wp.com/theconstructor.org/wp-content/uploads/2021/04/cropped-The-Constructor-favicon-tinified2-1.png?fit=32%2C32&ssl=1 Estimating & Costing – The Constructor https://theconstructor.org 32 32 181067336 Construction Claim: Types, Causes, and Preventive Measures https://theconstructor.org/construction/construction-claim-types-causes-preventive-measures/567135/ Sun, 09 Oct 2022 18:32:51 +0000 https://theconstructor.org/?p=567135 A construction claim is the assertion of a right that requires either more time or/and payment by either party of the contract (often the contractor) for compensation of the losses brought on by the other party’s failure to uphold their portion of the responsibilities as defined in the contract. The compensation often involves extra payment […]

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]]> 567135 How to Mitigate the Impact of Inflation on Construction Industry? https://theconstructor.org/construction/mitigate-impact-inflation-construction-industry/565154/ Sat, 09 Jul 2022 18:59:29 +0000 https://theconstructor.org/?p=565154 According to the latest U.S. Consumer Price Index report, inflation rate in the United States has reached a 40-year high. This will affect all the business sectors, including the construction industry, highlighting the importance of mitigating inflation. Inflation cannot be entirely controlled, but certain measures can be taken to lessen its severity. For instance, accelerate […]

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]]> 565154 What are Hard Costs in Construction? https://theconstructor.org/construction/estimating-costing/what-are-hard-costs-in-construction/564708/ Thu, 16 Jun 2022 14:02:48 +0000 https://theconstructor.org/?p=564708 Hard costs in construction cost estimation are the costs of physical construction elements like foundations, superstructure, interior finishes, laborers, equipment, etc. They are the tangible costs in a construction project that are relatively easy to estimate. Hard costs in construction are quantified by an experienced estimator. These costs account for around 70 percent of the […]

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]]> 564708 Analogous Estimation Techniques https://theconstructor.org/construction/estimating-costing/analogous-estimation-techniques/563105/ Sat, 09 Apr 2022 07:22:41 +0000 https://theconstructor.org/?p=563105 Analogous estimating is an estimation technique that uses the historical data of old projects to estimate the cost for similar new projects. Analogous estimation is also called top-down estimating and is used by project managers when there is limited information regarding the current project. Analogous estimation technique is an easy-to-implement technique that possesses a success […]

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]]> 563105 How to Make Better Quantity Takeoffs? https://theconstructor.org/construction/estimating-costing/how-to-make-better-quantity-takeoffs/561925/ Fri, 25 Feb 2022 18:07:23 +0000 https://theconstructor.org/?p=561925 Quantity takeoff in construction estimates the quantities for a contract from the drawings and construction plans to forecast the upcoming construction costs. An accurate quantity takeoff helps the team stay on budget while ensuring time management and effective cost tracking.  Quantity takeoff is a complicated process that is prone to errors and reworks. They are […]

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]]> 561925 Avoid Common Budgeting Mistakes with Construction Software https://theconstructor.org/construction/budgeting-mistakes-construction-software/561142/ Thu, 20 Jan 2022 18:08:57 +0000 https://theconstructor.org/?p=561142 As a construction project manager, your primary task is to oversee the scope, budget, and timeline. Making a mistake with your construction budget could result in your project being abandoned midway. To avoid such occurrences, you must adhere to the best construction budgeting procedures. This entails thoroughly reviewing your project strategy for hazards, developing realistic […]

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]]> 561142 What is the Cost of Asphalt Driveway Construction? https://theconstructor.org/construction/estimating-costing/cost-of-asphalt-driveway-construction/561081/ Tue, 18 Jan 2022 18:16:19 +0000 https://theconstructor.org/?p=561081 Asphalt is a common material used for driveway and pavement construction. Asphalt driveways are more durable and less expensive compared to concrete driveways. The cost of constructing an asphalt driveway varies with the region and the project specifications.  This article discusses the cost of asphalt driveways at different stages of construction. Cost of Asphalt Driveway […]

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]]> 561081 13 General Items of Work for Building Cost Estimation https://theconstructor.org/building/items-work-building-cost-estimation/409165/ Sun, 07 Feb 2021 14:12:53 +0000 https://theconstructor.org/?p=409165 We are all aware of the importance of estimation in any civil engineering work. The builder needs to have knowledge of the amount of work and the associated costs before taking up any project. It is also important to know how to estimate all the items involved in the project. This article lists out the […]

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