Cost Estimation & Scheduling
Underestimating or Overestimating Costs Significantly Affects Project Results.
For Construction Estimating You Need To:
For Construction Estimating You Need To:
Study The Specification & Project Details
Assessing The Project Location, Existing Conditions, & Potential Problems
Determine The Quantity of Materials Required For The Project
Find Out Prices From Suppliers & Vendors
Obtain Quotes For Materials & Services
Estimate Labor Requirements
Estimate Labor Hours Based on Project Scope & Complexity
Include Administrative & Office Costs
Account For Profit & Contingencies
Determine The Labor & Equipment Needed For Each Activity
Estimate The Time Required For Each Activity
To summarize, success in construction hinges on precise costing and a meticulously planned schedule.
Cost of Major Apartment Repairs in Armenia
| National Average | ֏6,100,000 |
| Typical Range (sq.M) | ֏32,000 - ֏74,000 |
| Low End (sq.M) | ֏24,000 |
| High End (sq.M) | ֏108,000 |