Calculation of working time – Calculation of man hours. Calculate the man-hours required to build a reinforced concrete foundation.
In this example, we will calculate the man-hours required to construct a reinforced concrete foundation.
How to calculate direct material costs (examples).
Steps to identify direct materials, inventory them and find out their costs, delivery times and payment terms.
The term materials include…
How to write a reliable winning tender
For a construction and installation industry to be financially viable, it must achieve positive economic outcomes in the work or services it provides.
Tax for Construction Contractors.
In this publication, we summarize the type of taxes that will apply to tenders in the construction sector.
How to Calculate the Financial Cost of the Offer.
It comprises all disbursements in terms of monetary units of interest, commissions, and other expenses arising from taking loans from financial institutions.
How to estimate other indirect costs of the Project.
Analysis of the items to which the estimator assigns a defined cost.
How to Calculate Indirect Labor in Construction.
Labor not assigned to a specific task or process is called indirect labor.
How to Estimate Input and Consumption Materials.
In this step, the estimator must determine the cost and quantity of input materials and consumables.
How to Calculate Equipment Cost per Hour.
The following diagram lists the items that make up the cost per hour of the equipment.
