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How to prepare approximate estimate of building

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How to prepare approximate estimate of building

8,994 views January 29, 2020 7:45

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Channelparag pal

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Approximate estimate is made to find out an approximate cost in a short time, without taking out actual quantities. This enables the responsible authority to consider the financial aspect of the scheme.

The accuracy of the cost estimated by such approximate estimate depends upon the judgement, skill and experience of the estimator and upon the correctness of the prices. It is required for preliminary studies of various aspects of a work or project to decide the financial position and policy for administration sanction by the competent authority like Municipal corporation, development authority etc.

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parag pal published this 7:45 video tutorial on January 29, 2020. It has been watched 8,994 times on YouTube.

Channel
parag pal
Category
Education
Duration
7:45
Published
January 29, 2020
Views
8,994
Likes
174

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