Estimates Flashcards
It is a logical and sensible assumptions of the quantities, qualities, values, or degrees of a set of subjects.
Estimates
These are mathematical algorithms used to estimate the costs of a product or a project
Cost Estimation Models
It is concerned with knowing the probable total cost of a project
Cost Estimates
It is a preliminary estimation technique that aims to establish the quantity of each material for a project, not yet considering their cost.
Quantity Survey
It is concerned with the determination of probable cost of labor by logical assumptions of the productivity of the workers.
Productivity Estimates
It is a list of materials needed for a project. It usually presents the probable cost for each item
Bill of Materials
It is a review of the plan and design of a project so as to coordinate with the sizes and specifications of construction materials. Its aim is to avoid wastage and maximize the use of each material.
Value Engineering
It is also concerned with other items that may reduce the cost of a construction project or speed-up the project construction.
Value Engineering
It is an estimate that breaks the subject down into as many items or components as possible. Each component are often described with specifications.
Detailed Estimate
It is an estimate that is computed in general and vague it is often an assumption by area, volume, or bulk.
Rough Estimate
It is an assumption of the totality of an item without consideration of its specific components.
Lump Sum
It is a stone-like material formed by mixing cement and aggregate with water.
Concrete
Concrete solidifies and hardens after mixing and placement due to a chemical process known as:
Hydration
It is a binder, a substance which sets and hardens independently, and can bind other materials together
Cement
It was coined by James Parker in 1796 England
Roman Cement
It was patented by James Frost in 1822 England
British Cement
It was patented by Joseph Aspdin in 1824 England. pattented by his son William Aspdin in 1843 England
Portland Cement
It was first recognized in 1867 Germany
Modern Portland Cement
It is a general term for various naturally occurring minerals and materials derived from them, in which carbonates, oxides and hydroxides of calcium predominate.
Lime
It is the chemical compound silicon dioxide. It is found in nature in several forms, including quartz and opal
Silica
Also called Aluminum oxide is a chemical compound of aluminum and oxygen. It is an excellent thermal and electrical insulator
Alumina
It is a mixture of small iron pieces with ammonium chloride, used to join iron or steel surfaces.
Iron oxide
Also called Magnesium oxide is a white solid mineral that is formed by an ionic bond between one magnesium and one oxygen atom
Magnesia
It is a chemical compound that is prepared on massive scale as a precursor to sulfuric acid.
Sulfur Trioxide