Making an Estimate for building
Luke 14:28 “For example, who of YOU that wants to build a tower does not first sit Down and calculate the expense, to see if he has enough to complete it?"
An estimates does carry the same approach as the quoted the scripture above. A building estimate is an approximate calculation, projection of a quantity base on research facts that is value, number, quantity , materials, labor , etc. A building estimates is good whenever you start a construction project that is govern by a budget or when your barrowing a loan from a financial institution. Some advantages of doing a building estimate is;
1. Save money and time - Doing a building estimate prevents you from buying un-necessary items.
2. Provides you with the knowledge of the probable costs associated in order to gain financial commitment.
3. Help in budgeting or budget control.
4. It provides information to the contractor, architect, or engineer of the cost of the project and what you need.
There are also other advantages of doing an estimates but I am just mentioning the main ones. Many times in Jamaica or within building construction field a estimates is required, However clients generally do not see the benefits of doing a Building estimates and times during the project the estimate would be great benefit to track the amount of material that they have bought. Well, architect or contractors can provide you with sample estimate or bill of quantity to get you started. However, it is recommended that you get a quantity surveyor in this case.
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