Fundamentals of Construction Estimating
4th Edition
ISBN: 9781337670999
Author: David Pratt
Publisher: Cengage Learning US
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Question
Chapter 2, Problem 1RQ
To determine
The main objectives of the estimating department in a construction company.
Expert Solution & Answer
Explanation of Solution
Introduction:
Developing an estimateincludes interactions with large number of people and dealing with a vast data. The estimating team will be able to produce efficient estimate by following well organized estimating procedures.
The main objectives of estimating department in a construction company are as follows.
- To prepare construction cost estimates that allow the contractor to choose profitable work by competitive bidding process.
- To check and verify the work which maximizes the accuracy of the estimate.
- To generate the highest volume of the estimating work with the available resources to maximize the productivity.
- To ensure that the project is most likelihood of success.
- To provide a good atmosphere and a cooperative approach to the team within the estimating area that benefits the entire organization.
Conclusion:
Thus, the main objectives of the estimating department in a construction company are described above.
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Chapter 2 Solutions
Fundamentals of Construction Estimating
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