Question: While the actual process of estimating is much the same regardless of the construction project, the final estimate may be completed at different stages in
While the actual process of estimating is much the same regardless of the construction project, the final estimate may be completed at different stages in each of the PDSs. Additionally, the level of precision that can be attained may vary. This may be due to a number of factors. To prepare for this Discussion, consider the PDSs you have studied in this course, this weeks Learning Resources, and additional journal articles you locate in the NSAD library. With these thoughts in mind, respond to the following:
- Which PDS would require the most precise estimate? Why?
- If factors are unknown or outstanding and an estimate is known to be less precise, which PDS would be the best choice for the contractor? Why?
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