By Steven J. Peterson MBA PE
Construction Estimating with Excel, moment Edition, introduces readers to the elemental ideas of estimating. utilizing drawing units, real-world routines, and examples, the textual content deals scholars severe estimating event. The booklet strikes step by step during the estimating approach, discussing the artwork of estimating, the volume takeoff, how one can placed expenditures to the estimate, and the way to finalize the bid. As scholars growth during the textual content they're proven how Microsoft Excel can be utilized to enhance the estimating technique. since it introduces spreadsheets as a fashion of accelerating estimating productiveness and accuracy, the publication may help either starting and skilled estimators enhance their talents.
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Additional resources for Construction Estimating Using Excel
When a subcontractor phones in a quote, the estimator should take careful notes as to what the subcontractor is bidding. This information should include the bidder and contact information, project name, what the bidder is bidding, addends received, specific exclusions, whether freight and sales tax are included, bid price, the date and time the bid was received, and who took the bid. The best way to do this is to fill out a phone quote sheet such as the one shown in Figure 2-4. Today, most phone quotes have been replaced by faxed or e-mailed quotes; however, they should contain the same basic information.
E xcel is a powerful spreadsheet program that can be used to perform mathematical calculations. xlsm (for files that contain macros) extension at the end of the file name indicating its file type. xls extension. The Windows operating system has the option not to display the file type, therefore, you may not see the file type on your computer display. The screenshot figures in this book are based on Excel 2010 running on Windows 7 with the Windows 7 Basic theme. Figure 3-1 shows the typical layout for Excel 2010.
Starting this process early is important because subcontractors need to find the time to look at the plans and project manual and prepare their estimate. When dealing with a limited number of plan sets it can be quite a challenge to give all of the subcontractors a chance to look at the plans within the allowed time for the bid. When dealing with a limited number of plan sets, the goal of the estimator should be to get one subcontractor to bid in each category of work before getting second and third bids.