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Construction Cost Estimate Classes Explained

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If you work in industrial engineering, you’ve likely heard about the various construction cost estimate classes and their ranges of accuracy.This article explains how project cost estimates are generated and the differences between the classes.Professional EstimatingAs a design project progresses, it's common for project management teams to produce multiple estimates…

American Association of Cost Engineers - The Cost Estimate Classification System, which may be used - Studocu

Cost estimate classification matrix [3].

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Construction Cost Estimating Glossary for Educational Purposes Only