Lalit Mahato
Visvesvaraya Technological University (VTU)

Define  Estimate ?

Quantity Surveying and Contracts Management

Answer in Short

An estimate ia an anticipated or probable cost of work,  which is usually prepared before the construction is taken up.... View full answer

Explanation

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  An estimate ia an anticipated or probable cost of work,  which is usually prepared before the construction is taken up. Before undertaking any work or project it is necessary to know its probable cost. An estimate prepared by calculating the quantity required and then calculating the cost of available rates, to get the expenditures likely to be incurred in the construction of the work. 



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   Lalit Mahato
Visvesvaraya Technological University (VTU)

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