Computer Science, asked by Kp108, 1 year ago

*what is estimating costing & contracting?*........ANS the ques... and get 60points

Answers

Answered by rishavthakur27
0
Estimation and costing in Civil deals with calculating the quantities and its expected expenditure to be incurred from particular project .

For estimation and costing, foll are required

Final plan or drawings of the project. (DRAWING)

Exact details about workmanship and materials to be used in project. (SPECIFICATION)

Standard schedule of rates for the present Year.(RATES)

Why do we need Costing and estimation?

It helps us to decide whether rate of proposed project match meets our funds available for the project

Avoids unwanted loss incurred in project

Helps in inviting tender and quotation to arrange contract

Gives an idea about time and its schedule of work required for completion of project.

Thus for a project in Civil, Costing and estimation plays a crucial role in it.

Answered by monujha1106
0
Estimation and costing in Civil deals with calculating the quantities and its expected expenditure to be incurred from particular project .

For estimation and costing, foll are required

Final plan or drawings of the project. (DRAWING)

Exact details about workmanship and materials to be used in project. (SPECIFICATION)

Standard schedule of rates for the present Year.(RATES)

Why do we need Costing and estimation?

It helps us to decide whether rate of proposed project match meets our funds available for the project

Avoids unwanted loss incurred in project

Helps in inviting tender and quotation to arrange contract

Gives an idea about time and its schedule of work required for completion of project.

Thus for a project in Civil, Costing and estimation plays a crucial role in it.

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