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2 Marks Questions:
1. What is estimate?
Estimate of a project is forecast of its cost, generally prepared before executing a project to plan its funds.
2. What is estimation?
Estimation is the process of preparing an estimate. Estimating is the process of calculating the cost of a
project obtained from calculating the various quantities of items of works involved in that project.
12. What is the difference between estimated cost and actual cost?
Estimated cost is the probable cost of construction, worked out from drawings and the rates prevailing at
the time of estimation. It can be known before the construction has started.
Actual cost is construction cost, worked out from physical measurements of actual work done and the rates
are the actual rates spent for the execution of work. It is known only after the construction is completed.
8 Marks Questions:
1. Explain the uses of estimate?
For proposed projects:
To ascertain probable time of contract
To control expenditure during execution
To estimate quantities of bulk materials (cement, steel, aggregates)
To frame tender documents and arrange contracts
To manage the finance of the project (bank loans etc.)
To obtain administrative approval and technical and budgetary sanction
To prepare interim and final bills for paying vendors and contractors
To prepare construction time schedule
To justify the investment
To select economical alternative
To workout material and labour requirements
For existing structures:
To arrive at the rent
For arbitration proceedings claims
To prepare tax schedules
To valuate property for government taxes, purchase, mortgage, insurance charges
5. Explain the reasons for difference in estimated cost and constructed cost.
Lack of accuracy in the working out of quantities and estimate.
Rise in prices of labour and materials during work execution
Changes in design and drawings during work execution
Additional items executed during construction
Cost of missed out items during estimation
Change in dimensions in construction. E.g. depth of foundation is increased
Change in specifications of the item of work
9. Write the major items of work in an estimate in the order along with the units of measurements.
Sl. No. Item of Work Measurement Unit
1 Earthwork (excavation / filling) Volume m3
2 Sand Filling (below footing / ground floor) Volume m3
3 PCC Volume m3
4 Masonry (walls) - brick / stone/ block Volume m3
5 Brickwork (Partition walls) Area m2
6 RCC Volume m3
7 Reinforcement Steel for RCC Weight (mass) kg
8 Woodwork (doors / windows / ventilators) Volume m3
9 Plastering (wall / ceiling) Area m2
10 Flooring (PCC / tiles / marbles or other stone slabs) Area m2
11 Roofing Area m2
12 Painting (white or colour washing / distempering) Area m2
13 Plumbing (water / waste water) Lump-sum No.
14 Electrical Fixtures with wiring Lump-sum No.
15 Electrical fixture (e.g. fan) Number No.