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Types of estimate - Estimation, Costing and Valuation Engineering
1. SNS COLLEGE OF ENGINEERING & TECHNOLOGY
An Autonomous Institutions
Accredited by NBA – AICTE and Accredited by NAAC – UGC with ‘A’ & ‘A+’Grade
Approved by AICTE, New Delhi & Affiliated to Anna University, Chennai
DEPARTMENT OF CIVIL ENGINEERING
COURSE NAME:
CE8701 - ESTIMATION, COSTING AND VALUATION ENGINEERING (SNSCE)
16CE402 - ESTIMATION, COSTING AND VALUATION (SNSCT)
IV YEAR / VII SEMESTER
Topic 1 : Types of Estimate
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Types of Estimate
Preliminary
Estimate
Plinth Area
Estimate
Cube Rate
Estimate
Approximate
Quantity
Method
Estimate
Detailed
Estimate
Revised
Estimate
Supplementary
Estimate
Supplementary
and Revised
Estimate
Annual Repair
or maintenance
Estimate
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Plinth Area Estimate
.
Plinth area should be calculated for covered area by taking external
dimensions of the building at the floor level.
Corridor and other open area should not be included.
For multi storied building Plinth
Area for each storey is determined
separately.
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Cube Rate Estimate
.
Cube rate estimate is again approximate estimate.
Multiplying the length, breadth and height of the building.
External length and breadth at the floor level are calculated
for the purpose.
Height should be taken from the floor level to the top of roof.
For multi storey building height
is taken from floor level of one
storey to top of next higher floor.
Cube rate estimate is more accurate
as compared to the plinth area estimate.
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Approximate Quantity Method Estimate
Structure divided into two parts
1. Foundation including plinth
2. Superstructure
Total length of walls is found out.
To find running meter rate of foundation, appx. quantities of various
items are calculated per running meter.
Similarly for superstructure appx. Quantities of brickwork, roof,
flooring etc is calculated per running meter.
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Detailed Estimate
It is the accurate estimate prepared by working out quantities of
each items of work.
It is prepared in two stages
1. Details of measurements and calculation of quantities.
2. Abstract of estimated cost – 3% to 5% of estimated cost is added
to cover miscellaneous expenditure.
Detailed estimate is prepared work-wise.
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Revised Estimate
Revised estimate is prepared when original sanctioned estimate is likely
to exceed more than 5%.
When expenditure on work is likely to exceed amount of administrative
sanction by more than 10%.
When there are material deviation from original proposal even though
cost may be met from sanctioned cost.
It is accompanied by comparative statement showing variations in each
item of works and reason for the same.
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Supplementary Estimate
It is the fresh detailed estimate of the additional works in addition to the
original estimate.
It is required when further development is required during the progress
of work.
Abstract should show the amount of original estimate and total amount
including supplementary amount.
The golden bridge, Vietnam
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Supplementary and Revised Estimate
When a work is partially abandoned and the estimate cost of the
remaining work is less then 95% of the original work.
That is less than 95% of original sanctioned estimate.
If any material deviations and changes in the design, which may causes
substantial saving in the estimate, Then the amount of original estimate
is revised by the competent authority.
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Annual Repair or Maintenance Estimate
It is prepared to maintain structure or work in proper order and safe
condition
For buildings like white washing, painting, minor repairs etc.
For road works A.R. estimate provides for patch repairing, repairs of
bridges and culverts etc
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Approximate or Rough Estimate
The estimation which is prepared using any one of rough method to get
the approximate cost of construction anticipated in a project.
Necessity of Approximate Estimate
To determine the approximate cost of the project
To minimize the time and manpower for preparing detailed estimate.
To decide project can be taken or not.
It useful to decide any alterations or small changes based on the
approximate estimate.
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Types of Approximate Estimate
Plinth Area Method
Cubical Content
Method
Service Unit or Unit
Cost Method
Typical Bay Method Carpet Area Method
Rough Quantity
Method
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Types of Approximate Estimate
Service Unit or Unit Cost Method
The cost of the project is prepared by multiplying the cost of number of
unit in the structure.
Example:
1. Per student for school building
2. Per bed for hospital
3. Per kilometer for highway
4. Per seat for an cinema theater.
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Types of Approximate Estimate
Typical Bay Method
The number of bay’s or panels are being taken as the basics of the
estimation.
Example:
1. Factory building with steel roof trusses
2. Lengthy halls with intermediate beams spaced at uniform
intervals.