Estimating
Value Engineering
Value Engineering is an organized effort to analyze the functions of systems, equipment, facilities, services, and supplies for the purpose of achieving the essential functions at the lowest life cycle cost consistent with required performance, reliability, quality,...Unit Cost
Total labor, material, and overhead cost for one unit of production, i.e., one part, one gallon, one pound, etc. (Wideman Comparative Glossary of Common Project Management Terms v2.1)Uniformat
UniFormat is an arrangement of construction information based on physical parts of a facility called systems and assemblies. These systems and assemblies are characterized by their function without identifying the products that compose them. Systems and assemblies...Uniform Percentage Markup Method
Uniform Percentage Markup Method is the expression coined by builder and author David Gerstel in his book Running a Successful Construction Company_ to describe a markup methodology author of that places a markup to achieve a prescribed Gross Profit on the sum of all...Total Volume Based Markup Method
Total Volume Based Markup Method is the expression I use to describe a markup methodology that places a markup to archive a prescribed Gross Profit on the sum of all the Labor, Materials, SubContractor and Equipment costs. It is also sometimes called Margin Based...The Building & Remodeling Wiki Sponsors:
