Los Angeles 2019 Construction Monthly
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Trenching & Excavation Safety... Continued<br />
used to produce a quantity take-off. Drawings<br />
that will not be used or involve only a minimum<br />
of time are discounted. Drawings such as the<br />
title sheet, index sheet, symbols sheet and to<br />
some extent the general information sheets.<br />
At the time the article was written the average<br />
time spend on each drawing was two hours.<br />
Today with the use of digitizers and computer<br />
estimating systems the time require is probably<br />
no more than one to one and a half hours<br />
per drawing. It is prudent to continue to use<br />
two hours per drawing to set a not to exceed<br />
time frame. Obviously if a project incorporates<br />
repetition of elements the time calculations<br />
should take this into consideration and reduce<br />
accordingly.<br />
Percentage of Total Cost Method<br />
Obtain an approximate cost of construction<br />
from a conceptual estimate or from any square<br />
foot estimating manuals such as Marshal &<br />
Swift, R.S. Means, National Estimator. etc..<br />
Find that position in $ x 1,000 and find the<br />
corresponding high and low percentage of the<br />
total cost that should be applied to production<br />
of the estimate.<br />
Article by Charles C. Munroe III FCPE<br />
Member of the Council of Fellows of the American<br />
Society of Professional Estimators & a<br />
Certified Professional Estimator (CPE)<br />
See his educational session<br />
“<strong>Construction</strong> Cost Estimating”<br />
at 9:30am on Wednesday & Thursday<br />
14 CONSTRUCTIONMONTHLY.COM