Table of contents | |
Methods of Approximate Estimate Preparation | |
1. Plinth Area Method | |
2. Cubical Contents Method | |
3. Unit Base Method | |
4. Approximate Quantity Method |
The following are the methods used for the preparation of approximate construction cost estimates:
The construction cost is determined by multiplying the plinth area by the plinth area rate. The area is obtained by multiplying the length and breadth (outer dimensions of the building).
Key Factors for Plinth Area Rate:This method is generally used for multi-storeyed buildings and is more accurate than the plinth area method and the unit base method. The cost of a structure is calculated approximately by multiplying the total cubical contents (volume of buildings) by the local cubic rate.
Calculation:Note: The cost of string courses, cornices, corbelling, etc., is typically neglected.
In this method, the cost of the structure is determined by multiplying the total number of units by the unit rate of each item.
Application:This method divides the structure into two parts: the foundation (including plinth) and the superstructure.
Process:By understanding these methods, construction professionals can prepare reliable and accurate approximate cost estimates, ensuring better planning and resource allocation for construction projects.
350 videos|464 docs|2 tests
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1. What is the Plinth Area Method for preparing approximate estimates? |
2. How is the Cubical Contents Method used in preparing approximate estimates? |
3. What is the Unit Base Method and how is it applied in approximate estimate preparation? |
4. How does the Approximate Quantity Method help in estimating construction costs? |
350 videos|464 docs|2 tests
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