Construction Estimation Methods Explained | Analogous, Parametric & Bottom-up

How much would it cost to build a house? Or construct a highway bridge? Or, repair a road. You know, that road with endless potholes. In fact, how much does it cost to do anything in construction? As you’d expect, there are many recognised methods for cost estimation. The method used will vary, depending on the quality of available data and the level of project definition. However, they all share the same goal: To establish the Anticipated Final Cost (AFC) of a project. Find out more from our blog post here: www.metroun.co.uk/ #QuantitySurveying #Construction #Infrastructure 0:00 Introduction 1:11 Top-down vs Bottom-up Estimate 2:02 Analogous Estimating 2:33 Parametric Estimating 3:05 First Principles Estimating Downloads: LIFETIME TEMPLATE LICENSE - Get access to industry-ready templates that will streamline and support all your commercial needs. All templates easily downloaded with updates and new templates sent directly to your email: www.metroun.co.uk/product-page/lifetime-template-l… Free CV Template for graduate QS: www.metroun.co.uk/product-page/cv-template-for-gra… Other Downloads: www.metroun.co.uk/downloads Why not follow us on social media?: Telegram: t.me/metrounqs LinkedIn: www.linkedin.com/company/metroun/?viewAsMember=tru… Facebook: www.facebook.com/MetrounQS Twitter: twitter.com/MetrounServices Instagram: www.instagram.com/quantitysurveyormemes/ DISCLAIMER Thank you for viewing our YouTube page and video. By participating on this YouTube page and viewing this YouTube page and video you agree to comply with the following terms: The information contained within this YouTube page and video is provided for general information purposes only. It does not claim to be or intend to be legal or professional advice and shall not be relied upon as such. The person or persons in the video and the Metroun YouTube channel welcome your thoughts and comments on the video. The person or persons in the video and the Metroun YouTube channel do not accept any responsibility for any losses which may arise from accessing or relying on the information in this video and to the fullest extent possible permitted by law we exclude all liability for loss and/or damages direct or indirect arising from the use of this video and/or the information contained within it.

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