Show Recommended textbook solutions Financial Accounting4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 1,097 solutions Horngren's Cost Accounting: A Managerial Emphasis16th EditionMadhav V Rajan, Srikant M. Datar 1,008 solutions
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Which style of estimate is more accurate?Bottom-Up Estimate
In fact, bottom-up estimates are the most accurate type of cost estimate.
How is an assembly estimate completed?The assembly estimate works with a more detailed unit than is used in both the conceptual and square foot estimates and becuse of that requires a more definitive design. Ideally, the project will be at least at the schematic stage of design before an assembly estimate is completed.
How do you prepare a building estimate?Let's consider six primary steps in estimate preparation.. Step 1 – Information to bidders' review. ... . Step 2 – Bid form review. ... . Step 3 – Front end of the specifications review. ... . Step 4 – Review specification Divisions 26, 27, 28. ... . Step 5 – Installation drawings review. ... . Step 6 – Submit RFIs for missing information.. |
When adjusting an estimate for time and location the adjustment for location must be made first
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