What is the estimate for?

The estimate is drawn up to determine the costs required for the construction of the facility, the performance of certain types of work.

The estimated cost of construction is used in the formation of the initial (maximum) price of contracts and allows you to determine the cost of building an object at the stage of architectural and construction design, preparing an estimate for the demolition of a capital construction object.

What are the main base of an Estimate and the beginning of any undertaking?

In general, estimate documentation refers to the calculation and grouping of the estimated costs for the creation of any project or for the implementation of the activities of an enterprise and business. The draft estimates describe the financing of the functioning of this enterprise, project.The purpose of the estimates is to create a calculation of the cost of construction, repair and installation work, etc.

Projects of estimate documentation will require absolutely all projects, various aspects of the functioning of an economic entity. Budget projects are of various types. This depends on the direction of the considered activity of the enterprise, as well as on its organizational and legal form.Industrial companies make cost estimate documents for their commodity activities. Construction enterprises Construction organizations calculate their special construction estimate documents.

These documents contain specific expenses for construction work. In this case, estimate documentation will also be required for the development of initial documents for an architectural project.In practice, budget documents are developed even by budget-funded enterprises - these are draft estimates of expenses and income. Engineers - estimators are engaged in the calculation of the draft estimate documentation.

What qualities should a good estimate have?

I will make a reservation right away that we are talking about a simplified client estimate, that is, the one that is provided to the customer as part of the initial commercial proposal.

It is clear that an agency's internal “production estimate” can be much more complicated, includes complex cost calculation formulas, pulls data from an internal information system, and have much more detail on the stages of work and the roles of the employees who perform them. So we are now talking about a kind of "front-end estimate", which is generated on the basis of production for inclusion in the basic CP. And here are the requirements that the "ideal estimate" must meet.

What are estimates and estimating specialists?

In general, an estimate is the calculation and clustering of upcoming investments for the implementation of an undertaking or for the operation of an organization or business. Projects of estimate documentation describe the financing of the work of a given enterprise, an undertaking.The purpose of the draft estimate will be to calculate the cost of construction, repair work, and so on.

Estimates will require almost all undertakings, all kinds of facts about the functioning of the enterprise. Projects of estimate documentation are of different types. Depending on the type of specific activity of the organization, as well as on its organizational form.

Industrial enterprises create draft estimates for their commercial activities. Construction companies create special construction estimates.

These documents contain special costs for construction and installation work. At the same time, draft estimates are also necessary for the development of initial project documents.

In fact, estimates are calculated even by budget-funded enterprises - these are estimated expense/income documents. The calculation of the draft estimate is carried out by professionals - estimators.

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