Defination: Estimation
is a tool for planning and controlling the construction activity of any project
with respect to quality, time and finance.
Estimation: There are two things involved in construction quality and quantity,
these two things lead to govern the estimate of the work. By calculating
quantity required and quality of that material you can find estimation.
Quantity can be find through the study and analyses of drawing which is
prepared with respect to the design of the project.Thus the quantity decides
the quantum of work involved in the construction and it help in finding out the
quantities of various material required as well as the total labour necessary
for the work.
Quality is governed through specifications for material and workmanship.
Estimation is a forecast of probable cost of any project. Before
undertaking any work or project it is necessary to know the probable cost of
the project which was found by the estimation. The primary object of an
estimation is to enable to know the cost of work before the work start. The
actual cost is known only after the work completed.
If estimate is prepared carefully and correctly by the person
(estimator) who is experienced and fully know the method of work, then there
will not be much difference between estimated cost and actual cost of the
project.
The estimation is prepared by calculating the quantities required and
then calculating the cost at suitable rates , to get the approximate cost of
the projet. Provision of contingencies, 3% to 5% of the estimated cost, is made
in the estimate to cover the miscellaneous expenditures which do not come under
any item of work. Also added the work charged establishment at 1.55 to 2% of
the estimated cost. The cost of the preliminary works and surveying, cost of
land including cost of acquisition, cost of leveling and dressing of ground and
the cost of other external services are required to be provided in the
estimation besides the estimated cost of the different items of the main work.
Provision for supervision of departmental charges 5 to 10% of the estimated
cost is also made to get the estimated cost of the whole project.
The process of preparing an estimate is known an estimating and it
includes two steps
- Taking out quantities
- Abstracting
Taking Out Quantities: The details of measurements of each item of work are taken out
correctly form plan and drawings and quantities under each item are calculated
in a tabular form named as details of measurement form as follows:
Item
No.
|
Description
or Particulars
|
No.
|
Length
|
Breadth
|
Height
or Depth
|
Content
or Quantity
|
Abstract Of Estimated Cost: The cost of each item of work is
calculated in a tabular form from the quantities already computed and total
cost is worked out in abstract of estimate form as shows below
Item
No.
|
Description
or Particulars
|
Quantity
|
Unit
|
Rate
|
Amount
|
Types Of Estimation:
- Preliminary
Estimate
- Plinth
Area Estimate
- Cube
Rate Estimate
- Approximate
Quantity Method Estimate
- Detailed
Estimate
- Revised
Estimate
- Supplementary
Estimate
- Annual
Repair or Maintenance Estimate
1. Preliminary Estimate:
It is also called as Approximate estimate or Abstract estimate or Rough
cost estimate. It is required for studies of various aspects of a work to
decide the financial position before the work starts. In such project which
gives revenue income, income will be calculated and preliminary estimate is
formed, by comparing this calculation it may be seen whether the investment on
the work is justified or not.
2. Plinth Area Estimation:
This is a approximate estimation. This is prepared on the basis of
plinth area of building, the rate being deduced from the cost of renovation of
similar building having similar specification. Plinth area estimate is
calculated by finding the plinth area of the building and multiplying by the
plinth area rate. The plinth area should be calculated for the covered area by
taking external dimensions of the building at the floor level. Courtyard and
open spaces should not be included in this.
3. Cube Rate Estimation:
Cube rate estimation is a approximate estimation. It is prepared on the
basis of cubical content of the building. This is calculated by finding the
cubical contents length x breath x height and multiplied by cube rate. It is
similar as plinth area but more accurate than plinth area estimate as height is
also calculated.
4. Approximmate Quantity Method
estimation:
In this method approximate total length of walls is calculated in
running metre and its total length is multiplied with rate per running metre of
wall. The running metre cost for structure and the interior should be
calculated first and these running metre rates should be multiplied by the
total length of the walls.
5. Detailed Estimation:
Detail estimate consists of working the quantities of each item of work
and there working cost. Length, breadth, and height are taken out correctly and
quantities of each item are taken out correctly from drawing and quantities of
each item are calculated and biling are done.
Item
No.
|
Description
|
No.
|
Length
|
Breadth
|
height
|
Quantity
|
By this chart Quantity of each item find detail of each item properly is
necessary.
Item
No.
|
Description
|
Quantity
|
Unit
|
Rate
|
Amount
|
After finding proper quantities there units put the value in this chart
by applying proper rate of particular item you can find the amount. by adding
your fees charges and other charges according to requirement of work the final
estimation will be find.
6. Revised Estimate:
It is accurate estimate and is prepared when the original sanctioned
estimate is exceeded by more than 5 %. Or expenditure on the work exceeds the
amount of administrative sanction by more than 10%. Or material deviation from
original proposal attached by statement showing the variation of each item.
7. Supplimentry Estimate:
It is a accurate estimate and is prepared when additional work are
required. This is fresh detailed estimate of the additional work that can be
during progress of work or further work after completing your previous work.
8. Annual Repair or Maintanance Estimate:
It is accurate estimate and is prepared to maintain the structure in
proper order and safe condition. It include white washing, color washing,
painting, minor repair etc.
9. Supplementary and revised estimate:
When a work is partially
abandoned and the estimated cost of the remaining work is less than 95% of the
original work, that is less than 95% of the original sanctioned estimate, or
when there are material deviations and changes in the design which may cause
substantial saving in the estimate, then the amount of the original estimate is
revised by the competent authority. A supplementary and revised estimate is
then prepared and fresh technical sanction of the competent authority is obtained.
If
at any time either before or during the execution of original work, it is found
that the original estimate is excessive, and then divisional officer may
sanction a revised other higher authorities are informed.