First Principles Estimating

breaking down the project into its individual components: labour, materials and plant

Books - First Principles Estimating Cost Estimator
  •  Introduction to first principles estimating
  • The importance of accurate estimates in construction
  • Understanding the project scope and requirements
  • Gathering and analysing data for the estimate
  • Developing an estimate using first principles techniques
  • Adjusting the estimate for risk and contingencies
  • Presenting the estimate to stakeholders
  • Comparing the estimate to the actual project cost
  • Advanced techniques for improving the accuracy of first principles estimates

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