Outsourcing Process for Construction Cost Estimation
Matching the meticulous approach for the cost estimation, our working process consists of several steps to be
followed _
Determine Base Estimate
Obtaining project information, and becoming familiar with the background and the details of the project,
after which we complete the quantity survey. Each phase of a project life cycle requires a different
type of estimate, and therefore different kinds of information will be collected. In this initial phase,
we also decide on the associated schedule for each step of the cost estimation process.
Estimation Analysis
In the second stage, we develop methods for completed estimates, appropriate for the scope and
schedule of the project. At this juncture, we will also ensure that the data used reflect the project
scope and site conditions. We can be in charge of preliminary, unit price, conceptual cost, accurate
estimation, and others, according to the details established in the initial phase. We can give you
reports on a daily or weekly basis.
Cross-checking and Final Summaries
At this stage, we validate all the cost estimates, after '.'hich we provide you with listings and
calculations of all the direct and indirect costs.
Reviews and Estimation Conversion
At this stage, we can help you do all the required reports. Additionally, we can show estimating
procedures that allow conversion of the estimate to field cost systems so management can monitor
and control field activities.
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