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Civil Engineering - Engineering Economy - Discussion

Discussion Forum : Engineering Economy - Section 1 (Q.No. 25)
Engineering Economy
25.
A construction estimate is used
to judge tentatively or approximate value of the project
to produce a statement of the approximate cost
to decide an approximation of the value of the project and not the exact cost.
None of these
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
2 comments Page 1 of 1.
Prakash said:   4 years ago
Explain the answer.
Dorna said:   4 years ago
To calculate value we do valuation of project, estimate is for approximate cost calculation of project construction.
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