Estimating
Unit Cost Estimating
Estimating done where the cost for one measured unit of a completed work activity comes with an attached Unit Cost. According to The Constructor – Civil Engineering Home for Civil Engineers Unit Cost Estimating is defined as:: Unit Cost Method of Estimation in...Assemblies (Systems) Estimate
An Assemblies or Systems Estimate is a type of estimate typically used on larger commercial projects where a particular assembly or system repeatedly appears in project. They are usually preformed while a project is still in the design stage and are generally...Schedule of Rates (SoR)
A term perhaps more commonly used overseas than here in the U.S. where we at times refer to a Schedule of Values a schedule of rates is ….in its lesser form in a standard contract can be a list of staff, types of labour and plant hire rates upon which...Work Package (WP)
A generic term for a unit within a work breakdown structure (WBS ) at the lowest level of its branch, not necessarily at the lowest level of the whole WBS . It may be used to refer to a unit of work performed within the organization, while ‘Commitment Package’ may be...Work Breakdown Structure (WBS)
A task oriented detailed breakdown, which defines the work packages and tasks at a level above that defined in the networks and schedules. The WBS initiates the development of the Organizational Breakdown Structure (OBS), and the Cost Breakdown Structure (CBS). It...The Building & Remodeling Wiki Sponsors:
