72 lines
1.7 KiB
Markdown
72 lines
1.7 KiB
Markdown
---
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id:
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aliases: []
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tags:
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- authorship/original
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- destiny/permanent/entry-point
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- status/incomplete
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- topic/construction
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- topic/estimating
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- type/encyclopedia
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title: Construction Estimating
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---
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# Construction Estimating
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Construction estimating is a subset of cost estimation.
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## Scope
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This note is intended for: _facts_
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that are _about the profession_,
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specifically, _as it is currently practiced_.
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For philosophy see [[bid-process-strategy]]
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[[estimating-ethics]]
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## Misconceptions
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### Standard Practices
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In general, many things thought to be standard are quite the opposite.
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* Use of square receptacle symbols
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### Proposals
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Proposals are not legally binding,
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which is a double edged sword
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for intermediate subcontractors like electrical:
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* Proposals to GC's can be withdrawn for any reason
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* Proposals from subcontractors can be withdrawn for any reason
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This is obviously not popular practice,
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however it is important to recognize
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that errors aren't set in stone
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until a contract is signed.
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Destigmatizing proposal retraction is of critical concern for subcontractors.
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See [[estimating-culture]] for more on estimate error [[game-theory]].
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It's important to recognize that retracting a proposal
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may upset a few people employed by the GC,
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but consider how little your own opinion
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matters to your company's strategic decisions.
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Much bigger people are involved after the proposal is accepted.
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## Resources
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* [[electrical-estimators-manual]]
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* [[electrical-estimating-methods]]
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* [[construction-estimating-using-excel]]
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* [[mike-holts-illustrated-guide-to-electrical-estimating]]
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%%
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## TALK
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This note should be wide and shallow,
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specific sub topics should be extracted and linked.
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%% |