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Construction estimating software, the Glossary

Index Construction estimating software

Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project.[1]

Table of Contents

  1. 26 relations: Accounting software, Application software, Building, Building estimator, Civil engineering, Construction bidding, Cost database, Cost estimate, Cut and fill, Duration (project management), Electrical wiring, Employee benefits, Indirect costs, Lotus 1-2-3, Microsoft Excel, Operating expense, Overhead (business), Performance bond, Project management software, Proposal (business), Quantity surveyor, Quantity take-off, Spreadsheet, Trench, VisiCalc, Workers' compensation.

  2. Construction software
  3. Cost analysis software
  4. Cost engineering

Accounting software

Accounting software is a computer program that maintains account books on computers, including recording transactions and account balances.

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Application software

An application program (software application, or application, or app for short) is a computer program designed to carry out a specific task other than one relating to the operation of the computer itself, typically to be used by end-users.

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Building

A building or edifice is an enclosed structure with a roof and walls, usually standing permanently in one place, such as a house or factory.

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Building estimator

A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project.

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Civil engineering

Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage systems, pipelines, structural components of buildings, and railways.

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Construction bidding

Construction bidding is the process of submitting a proposal (tender) to undertake, or manage the undertaking of a construction project.

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Cost database

A cost database is a computerized database of cost estimating information, which is normally used with construction estimating software to support the formation of cost estimates. Construction estimating software and cost database are cost engineering.

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Cost estimate

A cost estimate is the approximation of the cost of a program, project, or operation. Construction estimating software and cost estimate are cost engineering.

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Cut and fill

In earthmoving, cut and fill is the process of constructing a railway, road or canal whereby the amount of material from cuts roughly matches the amount of fill needed to make nearby embankments to minimize the amount of construction labor.

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Duration (project management)

Duration of a project's terminal element is the number of calendar periods it takes from the time the execution of element starts to the moment it is completed.

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Electrical wiring

Electrical wiring is an electrical installation of cabling and associated devices such as switches, distribution boards, sockets, and light fittings in a structure.

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Employee benefits

Employee benefits and benefits in kind (especially in British English), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

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Indirect costs

Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product).

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Lotus 1-2-3

Lotus 1-2-3 is a discontinued spreadsheet program from Lotus Software (later part of IBM).

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Microsoft Excel

Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS.

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Operating expense

An operating expense is an ongoing cost for running a product, business, or system.

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Overhead (business)

In business, overhead or overhead expense refers to an ongoing expense of operating a business.

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Performance bond

A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor.

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Project management software

Project management software are computer programs that help plan, organize, and manage resources.

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Proposal (business)

A business proposal is a written offer from a seller to a prospective sponsor.

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Quantity surveyor

A quantity surveyor (QS) is a construction industry professional with expert knowledge on construction costs and contracts.

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Quantity take-off

Quantity take-offs (QTO) are a detailed measurement of materials and labor needed to complete a construction project.

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Spreadsheet

A spreadsheet is a computer application for computation, organization, analysis and storage of data in tabular form.

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Trench

A trench is a type of excavation or depression in the ground that is generally deeper than it is wide (as opposed to a wider gully, or ditch), and narrow compared with its length (as opposed to a simple hole or pit).

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VisiCalc

VisiCalc ("visible calculator") is the first spreadsheet computer program for personal computers, originally released for the Apple II by VisiCorp on October 17, 1979.

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Workers' compensation

Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.

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See also

Construction software

Cost analysis software

Cost engineering

References

[1] https://en.wikipedia.org/wiki/Construction_estimating_software