What is the adjective of estimate?

estimative. Of or pertaining to an estimate or to estimation.

Is estimation an adjective?

ESTIMATED (adjective) definition and synonyms | Macmillan Dictionary.

Is estimate a noun verb or adjective?

verb (used with object), es·ti·mat·ed, es·ti·mat·ing. to form an approximate judgment or opinion regarding the worth, amount, size, weight, etc., of; calculate approximately: to estimate the cost of a college education. to form an opinion of; judge.

What is the noun form of estimate?

estimation. The process of making an estimate. The amount, extent, position, size, or value reached in an estimate.

What is estimate and its type?

Estimation is the technique of calculating or computing the various quantities and the expected expenditure to be incurred on a particular work or project. Estimate is a document which furnishes the quantities of different works involved, their rates and the expenditure anticipate in a project.

What is the abbreviation for estimated?

EST
AcronymDefinition
ESTEstimated
ESTEstimate
ESTEnvironmentally Sustainable Transport
ESTErhard Seminar Training (Werner Erhard)

What is estimate in architecture?

An estimate for any construction work may be defined as the process of calculating the quantities and costs of the various items required in connection with the work. Before the start of any work for its execution, the owner of the builder should have a thorough knowledge of the volume of work.

What is estimating in civil?

Filed in Civil Engineering, Project Management on Sep.17, 2012. An estimate is a calculation of the quantities of various items of work, and the expenses likely to be incurred there on. The total of these probable expenses to be incurred on the work is known as estimated cost of the work.

Why do we use estimation?

In maths, estimation means having a rough calculation of the value, number, quantity, or extent of something. We use estimates of numbers to make it easier and quicker to do mental calculations when we are happy to accept an answer which is very close to the actual answer.

What is estimating in construction management?

Construction estimating is the process of anticipating the expense of building a physical structure. This step is essential, and one of the most crucial in the construction process.

What is supplementary estimate in civil engineering?

Supplementary Estimate : During the execution of project, structural modification are required or addition work is added for construction. The estimate for additional work is called supplementary estimate. Supplementary estimate is also required to be prepared when some of the items are overlooked.

What is a design estimate?

Various design estimates convey the progress of the design and planning stage of the project. A screening estimate is developed before the design of the facility. It relies on the cost data that is obtained from the facilities that are built in the past.

What is detailed estimate?

A detailed estimate is drawn up when there’s more information available or the scope of the project is better known. Detailed estimates include incredibly detailed information on quantities, costs and rates—in fact, all items necessary to complete the project.

What is Control estimate?

A control estimate is a non-binding estimate of construction costs which can be used not only to satisfy the Owner’s need for requisitioning funds, but also as a control over the builder during trade procurement.

How do you estimate a website project?

How to make estimating website development projects easier?
  1. Use a standard list of questions for the project. …
  2. Meet the client physically. …
  3. Create an initial proposal for the project. …
  4. Set expectations for your client. …
  5. Complete the web development proposal. …
  6. Planning the project.

What is the difference between a bid and an estimate?

Estimates are an approximation and give clients an idea of what to expect. Quotes are more concrete and specify a fixed dollar value for a specific time frame. Bids offer more detail than estimates and quotes, and they’re common in the construction industry.

What is estimation by analogy?

Estimation by analogy (EBA) predicts effort for a new project by learning from the performance of former projects. This is done by aggregating effort information of similar projects from a given historical data set that contains projects, or objects in general, and attributes describing the objects.

What are the three types of cost estimates?

The three types of cost estimates are design, bid, and control estimates. Design estimates are prepared in the project preliminaries which gives the order of magnitude of the project cost.

What is a bottom-up estimate?

Bottom-up estimating involves the estimation of work at the lowest possible level of detail. These estimates are then aggregated in order to arrive at summary totals. By building detailed cost and time estimates for a work package, the probability of being able to meet the estimated amounts improves substantially.