project estimation

What Is The Purpose Of Preliminary Estimate?

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What Is The Purpose Of Preliminary Estimate? A preliminary estimate or conceptual estimate is used to forecast the project cost to analyze the economic feasibility of the construction project prior to the development of detailed drawing plans. What is the purpose of an estimate? The purpose of an estimate has a different meaning to different

How Do You Do Project Estimation Method?

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How Do You Do Project Estimation Method? Using this estimation technique, you start by estimating each individual task or aspect of the project. Then you combine all those separate estimates to build up the overall project estimate. Since each activity is being assessed individually, this type of estimate tends to be more accurate than the