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You can follow these steps: 1) Establish the building quality class. 2) Calculate the area of the first floor. 3) Multiply that by square foot costs estimates as explained above. 4) Add the costs of mechanical and electrical fixtures.

There are four basic steps in the construction cost estimating process. These steps are utilized to take a project from conception to a full cost estimate and they are carried out while using any cost estimating software. 1) Understand the Project Scope 2) Understand the Direct Project Costs 3) Determine the Project Timeline and Indirect Costs 4)

Estimation software is easy to use and estimates the projected construction costs. .In short, estimation software not only estimates the costs of the software, but also helps project managers by easing and fulfilling tasks that are usually left for accountants (who, by the way, cost money)

Expense incurred by a contractor for labor, material, equipment, financing, services, utilities, etc., plus overheads and contractor's profit. Costs such as that of land, architectural design, consultant and engineer's fee are not construction costs.

The few benefits of using construction estimating software are: 1. Accuracy 2. Time Saver 3. Increase Profit Margins

Estimation software is easy to use and estimates the projected construction costs. In short, estimation software not only estimates the costs of the software, but also helps project managers by easing and fulfilling tasks that are usually left for accountants.