what is Rough cost estimate
Rough cost estimate is also called approximate estimate. Because in approximate estimate we can find out the estimation of building an approximatly.This is an inexact estimate to find out a rough cost in a short time which enables the authority concerned to consider the financial aspect of the scheme, for according sanction to the same. Such an estimate is framed after knowing the rate of similar works and from practical knowledge in various ways for various types of works such as.
Approximate estimate can find out with the help of Plinth area or square-meter , Approximate quantities with bill,Cubic rate or cubic meter and The cost of materials and labor. so we can find out the approximate or rough cost estimate with these method which i have discussed. so the approximate estimate is generally used for rough cost estimate, which are just used for simple project. but remember this estimate is not accurate in construction works, because this is just approximate quantity.
