What Is an Estimating Technique?

The estimation indicator is an expanded technical and economic indicator adopted during the feasibility study stage. It targets independent construction projects, single projects or unit projects. It integrates various types of costs and expenses in the entire process of investment and construction of the project, reflecting its expanded technical and economic indicators. Because of this, it is a manifestation of quotas. , But different from other valuation quotas, has a strong comprehensive and general nature. ^[1]

Estimated index

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The estimation indicator is an expanded technical and economic indicator adopted during the feasibility study stage. It targets independent construction projects, single projects or unit projects. It integrates various types of costs and expenses in the entire process of investment and construction of the project, reflecting its expanded technical and economic indicators. Because of this, it is also a form of quota , But different from other valuation quotas, has a strong comprehensive and general nature. ^[1]

Highway engineering estimation indicators Highway engineering estimation indicators are classified into comprehensive indicators and sub-indicators according to the depth and requirements of the preliminary work of the capital construction. The comprehensive index is an indicator in the form of all engineering costs such as labor, main materials and other materials costs, machinery use costs, and various cost indicators. The project is divided according to the types of provinces, highways, and geomorphological divisions in the country. It is a physical quantity indicator compiled in kilometers. It is the basis for preparing investment estimates for construction project proposals. It is mainly used to economically study the choice of construction projects, study the rationality of a certain highway or a bridge, study the rationality of the national highway network layout, and study the scale and Preparation of long-term development plans. The sub-index is an indicator in the form of labor, main materials and other materials costs, machinery use costs, and construction management indicators for each project. The division of the project is very close to the estimate. It is the basis for preparing investment estimates for the feasibility study report of construction projects, and can also be used as a reference for comparison of technical schemes. It is mainly used to economically determine the cost of construction projects for recent construction schemes in order to study whether economic benefits are feasible.