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Why budgeting and cost estimation is needed for a construction project?

Why budgeting and cost estimation is needed for a construction project?

by Cost Logic | May 6, 2022 | Budgeting, Cost Estimation, News

The term “budgeting” in the context of a construction project refers to the quantitative allocation of resources.  This include manpower, materials, machinery, time, and money, needed to execute a job within a certain time frame. Project managers must...
Improving the accuracy of Estimating

Improving the accuracy of Estimating

by Cost Logic | Nov 30, 2021 | Budgeting, Cost Estimation, News, Project Progress

Estimating is one of the grey areas of the Quantity Surveying business; the best make it appear to be a black art, but those who are slightly doubtful of their professional capabilities might be thousands of pounds off on their customer estimates. It’s vital to...

Recent Articles

  • Why budgeting and cost estimation is needed for a construction project?
  • QUANTITY TAKEOFF IN CONSTRUCTION
  • Progress Drawdown Reports Are Important
  • Liquidated damages/Delay damages in construction
  • Improving the accuracy of Estimating
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