This document discusses various topics related to estimating for construction projects including:
- The importance of estimating at different stages and the differences between measurement, tendering, and estimating.
- Preliminaries items and five examples.
- Factors that influence material cost estimates such as material unit cost and quantity required.
- Where to find cost data and considerations for using cost data.
- Common mistakes in estimating and how to prevent them.
- Factors to consider when deciding whether to accept or decline a tender invitation.
- Four main factors that influence estimates of material costs and how each factor influences the cost.
- Advice for a trainee on using cost data to estimate a hotel project.