Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
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Chapter 4, Problem 2RQ
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To explain: the importance of examining site work prior to estimate preparation.
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Fundamentals Of Construction Estimating
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- A dynamic measurement machine used by Renshaw Instruments had a netannual cash revenue (GI - E) before taxes of $550,000 over its life of 10 years.Its first cost was $1.7 million when it was purchased 10 years ago. It wasstraight-line depreciated with n=10 years with a salvage value of $200,000. It wassold today for $200,000. The company’s Te = 36% and its after-tax MARR =15%. Was the purchase and use of the machine economically justified? solve using excelarrow_forwardWhy would a BOD value of 8 be considered to be poor?arrow_forwardOn what basis you can arrive at an estimation for your project?arrow_forward
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- critique for Predicting Construction Cost Using Multiple Regression Techniquesarrow_forwardIn the implementation of project planning in Malaysia, there are numbers of cost estimating techniques at the early stage of a project, in order to forecast the construction cost. Describe the usage purposes of the preliminary estimate and the appraisal estimate in cost estimating techniques. (a)arrow_forward2.1 One of the key competencies of a Quantity Surveyor is to be able to deal with the commencement and the completion procedures of a construction project. a. What are the roles of a Quantity Surveyor in the contractual arrangements of a construction project?arrow_forward
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ISBN:9781337399395
Author:Pratt, David J.
Publisher:Cengage,