AN ESTIMATION REPORT AND HOW IT IS USED IN CONSTRUCTION & SELF BUILD PROCESS

DJ Estimations Case Study

Introduction

This case study explores the journey of a 2019 construction project, following the transformation from initial plans to final reality. It highlights the intricate process of estimation and building, uncovering the financial ups and downs along the way. Through detailed analysis, we demonstrate how our reports can play a crucial role in maintaining budget control and minimising costs throughout the project.

The Process

The journey begins with an architect consultation, where you, the client, collaborate with an architect to articulate your needs and desires. They will draft several plans tailored to your specifications. Once the plans are finalised, the next step is to consider the cost. This is where we come in. You provide us with your finalised plans and specifications, and we commence the preparation of your estimation report. Utilising advanced measurement software and performing detailed calculations through Excel and other applications, we generate a comprehensive report. This report accounts for all materials, plant, and labour required for your project. It serves as a crucial tool for applying for a mortgage. Upon securing the mortgage, the construction phase can begin. You may either engage in a tender process to find the right contractor or seek out tradesmen for a self-build project. The estimation report is crucial in both scenarios, as it provides precise material quantities for tender bids and offers a clear understanding of labour costs when evaluating contractor or tradesmen quotes. As construction progresses, the estimation report remains a vital resource for ordering materials and ensuring the project stays on budget. It allows you to compare and negotiate prices at each stage, helping to keep costs under control and optimise savings throughout the build.

For copy of the full case study email info@djestimations.com