Checklist for Project Cost Estimation
Project Cost Estimation is a very import part of construction process. It helps us to determine things will pan out and weather you will be able to match the client's expectation or not.
Checklist for Project Cost Estimation
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Presentation Transcript
PRE-ESTIMATE CHECKLIST Things to Consider Before Preparing a Cost Estimate for Your Project STEP 1: KNOW THE PROJECT Undeestanding the project and the client’s expectation and objectives to get started with estimation STEP 2: CREATE A PROJECT BUDGET A clear and well-defined budget for a realistic estimate acceptable to the client. STEP 3: HAVE A PROJECT PLAN IN PLACE Project plan and cost estimates have to work in tandem because both depend greatly on each other. STEP 4: UNDERSTAND WHY YOU ARE ESTIMATING Understand the objectives of project estimation keeps you on the right track and saves your time. STEP #5: KNOW THE KIND OF ESTIMATE NEEDED Realigning cost estimates through the project phases ensures that you are on the same page with the client. Designed by Zepth Website: zepth.com
