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PROFESSIONAL DEVELOPMENT SEMINAR SERIES WHAT ESTIMATORS NEED TO KNOW ABOUT LEED presented by: John P. DeVito, Director of Preconstruction / Cutler Associates, Inc. Unfortunately, estimators are not

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Point by point process to fill out what estimators need to:

1. Gather all the necessary information: Estimators need to collect all the relevant data and documentation related to the project they are estimating. This includes blueprints, drawings, specifications, material costs, labor rates, and any other details that may impact the estimation process.
2. Review project requirements: Estimators should carefully analyze the project requirements to understand the scope of work, timeline, and any specific client requests. This will help them tailor their estimations accordingly and ensure accuracy.
3. Break down the project into components: Estimators should divide the project into smaller components to make it easier to estimate individual tasks. This involves identifying different work packages or sections and assigning costs to each of them.
4. Research current prices and rates: Estimators need to stay updated with the latest market trends and prices to accurately estimate the cost of materials, labor, and equipment. They may need to reach out to suppliers, subcontractors, or industry experts to collect this information.
5. Perform detailed calculations: Estimators should use appropriate formulas, equations, or software tools to calculate material quantities, labor hours, and other cost elements accurately. This involves considering factors such as wastage, productivity rates, and potential risks.
6. Consider additional costs: Estimators need to account for any additional costs that may arise during the project, such as permits, licensing fees, insurance, or potential change orders. It is crucial to factor in these costs to ensure the estimation reflects the overall project expenses.
7. Review and validate the estimation: Estimators should carefully review and validate their estimations to ensure accuracy. This may involve double-checking calculations, cross-referencing prices, and seeking feedback or input from experienced colleagues or supervisors.
8. Present the estimation: Estimators need to compile all the estimation details into a cohesive document or report that can be presented to clients, project managers, or other stakeholders. This should include a breakdown of costs, an explanation of the estimation methodology, and any assumptions made during the process.

Who needs what estimators need to?

1. Contractors: Contractors rely on estimators to provide accurate cost estimations for their projects. These estimations are crucial for creating competitive bids, negotiating contracts, and ensuring profitability.
2. Project managers: Project managers use estimations to develop project budgets, allocate resources, and plan the project timeline. Accurate estimations help them make informed decisions and prevent cost overruns or delays.
3. Clients: Clients rely on estimations to evaluate project proposals, understand the financial implications of the project, and make informed decisions about hiring contractors. Accurate estimations give clients confidence in the contractor's ability to deliver within their budget and expectations.

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What is what estimators need to?

Estimators need to provide an estimate or prediction of a particular value or quantity.

Who is required to file what estimators need to?

Estimators or individuals responsible for predicting values or quantities are required to file what estimators need to.

How to fill out what estimators need to?

Estimators can fill out what estimators need to by providing accurate data and using appropriate statistical methods to make predictions.

What is the purpose of what estimators need to?

The purpose of what estimators need to is to provide insights or forecasts based on available data.

What information must be reported on what estimators need to?

Information such as data points, assumptions, methodology, and confidence intervals must be reported on what estimators need to.

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