Estimate - the exact planned cost of any event, construction or repair. When planning any financially costly event, it is necessary to make a preliminary estimate of costs taking into account your budget and strictly adhere to it. In this case, it will be possible to avoid unforeseen expenses and even save a considerable amount.
Instructions
Step 1
Select the appropriate generic budgeting plan for your case. Find in reliable sources information about the existing standards and prices for the required work and materials.
Step 2
Rewrite the quantity and quality of work that will need to be done and the cost of it. In order to take into account all the necessary points, you will need to delve into the intricacies of the process, to become, to some extent, a narrow specialist.
Step 3
Calculate the required amount of materials, multiply by the corresponding prices. Do not forget to add the number of hours spent on the work at the appropriate rates. The amount that you get is direct production costs.
Step 4
Once again, carefully study the list of materials, their prices, check the correctness of your arithmetic calculations. Next, check again the standards provided for the performance of certain works and the corresponding prices.
Step 5
Do not be afraid to include a few extra hours in the estimate, the rush at this stage can cost you dearly when things get tough due to the fact that you bought few materials, the work is forced to be idle, and the workers are paid hourly.
Step 6
Think carefully about what unforeseen circumstances can interfere with the construction, can they be prevented? It makes sense to pre-allocate a certain amount for this and store it as an emergency reserve.
Step 7
Include in the estimate any additional costs you can remember. If employees work for you officially, engineering and technical expenses and taxes are also included in the estimate. Garbage collection, transport costs also indicate. Typically, overhead costs increase the initial construction cost by at least 15%.
