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INTRODUCTION TO ESTIMATING - Pearson

chapter ONE. INTRODUCTION . TO ESTIMATING . 1 1 GENERAL INTRODUCTION The estimator is responsible for including everything con- tained in the drawings and the project manual in the submit- Building construction ESTIMATING is the determination of ted bid. Because of the complexity of the drawings and the probable construction costs of any given project. Many items project manual, coupled with the potential cost of an error, influence and contribute to the cost of a project; each item the estimator must read everything thoroughly and recheck must be analyzed, quantified, and priced. Because the esti- all items. Initially, the plans and the project manual must be mate is prepared before the actual construction, much study checked to ensure that they are complete. Then the estimator and thought must be put into the construction documents. can begin the process of quantifying all of the materials pre- The estimator who can visualize the project and accurately sented.

CHAPTER ONE M01_PETE1165_09_SE_C01.indd 1 7/20/17 4:06 PM. 2 CHAPTER ONE Each piece of work that is to be performed by the contractor ... At the conceptual stage of the project, the contrac-tor prepares a cost estimate based on the project’s concept. This is known as a conceptual estimate. When performing a

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