ConstructionBlogArticles

As part of best practice, builders should ensure, all estimates must be consistent and reflect the most likely cost, not a ‘padded’ or ‘guessed’ cost’. 1. Gross Comparison Method 2. Parametric Comparison 3. Composite Comparison 4. Detailed Calculation  

In building construction, both during the period of quoting or estimating and also the construction period, by the very nature of the work, there will always be some unknown factors. The usual procedure is to allocate a cost against the unknown factor that will be validated at a later time.

Commercial construction management is a multifaceted process involving the design, renovation, and construction of commercial structures. These projects are typically large-scale and require careful planning, coordination, and execution.