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Estimation & Costing
Estimation & Costing
• Estimation and costing in civil engineering involve the prediction and detailed calculation of the quantities,
costs, and resources necessary for a construction project.
• Estimation includes calculating the volume of materials, labor, and equipment required, while costing
encompasses all associated expenses, including direct costs like materials and labor, as well as indirect
costs such as overheads and contingencies.
• These processes are crucial for ensuring the financial feasibility and successful completion of construction
projects.
Literature Review - 1
• The research paper "Costing & Estimation" by Maaz Allah Khan, Tejasvi Raj Barrister, and Yusuf
Haider highlights the significance of accurate cost estimation in construction projects to ensure
financial viability and efficient resource allocation.
• Key components include detailed drawings, specifications, and unit rates. Methods like the longwall-
short wall and centerline methods are discussed. Challenges such as dealing with incomplete project
details are addressed through best practices like using historical databases and contingency allowances.
• The integration of technologies such as Building Information Modeling (BIM) enhances accuracy and
efficiency in estimation.
• Accurate cost estimation prevents cost overruns and ensures projects stay within budget, supporting
project feasibility and risk management.
Literature Review - 2
• Title: Cost estimation and prediction in construction projects: a systematic review on machine learning
techniques
• Author: Tayefeh Hashemi, S., Ebadati, O.M., Kaur, H.
• The literature review explores methodologies for cost estimation in construction projects, emphasizing
machine learning techniques like Artificial Neural Networks (ANNs), Case-Based Reasoning (CBR),
Regression Analysis (RA), and others. These methods aim to enhance accuracy in predicting project
costs, critical for budgeting and resource allocation.
• Studies are categorized by application areas such as building, highway, and power projects, and
analyzed by publication year and journal, underscoring the importance of precise cost estimates for
effective project management in construction.
Objectives of Estimation & Costing
The following are the methods used for the preparation of approximate construction cost estimates:
• Plinth area method
• Cubical contents method
• Unit base method
• Approximate Quantity Method
Plinth area Method
• The construction cost is determined by multiplying the plinth area by the plinth area rate. The area is obtained by
multiplying length and breadth (outer dimensions of the building). In fixing the plinth area rate, careful observation and
necessary inquiries are made in respect of quality and quantity aspects of materials and labour, type of foundation, the
height of building, roof, woodwork, fixtures, number of stories, etc.
• As per IS 3861-1966, the following areas include while calculating the plinth area of the building:
a. Area of walls at floor level.
b. Internal shafts of sanitary installations not exceeding 2.0 sqm, lifts, air-conditioning ducts, etc.,
c. area of barsati at terrace level. Barsati means any covered space open on one side,
constructed on one side, constructed on the terraced roof, which is used as shelter during the
rainy season.
d. Porches of non-cantilever type.
• This method is generally used for multistory buildings. It is more accurate that the other two methods
viz., plinth area method and unit base method.
• The cost of a structure is calculated approximately as the total cubical contents (Volume of
buildings) multiplied by Local Cubic Rate.
• The volume of building is obtained by Length x breadth x depth or height. The length and breadth
are measured out to out of walls excluding the plinth offset. The cost of string course, cornice,
carbelling etc., is neglected.
• The estimation of building quantities like earth work, foundation concrete, brickwork in plinth and
superstructure etc. can be worked out long wall short wall method and centerline method.
Following are the three different methods used for estimating building works: