Order of cost estimating
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The NRM1: Order of cost estimating and cost planning for capital building works, 3rd edition, have been compiled to be used for the following activities:
pre-construction cost estimates
order of cost estimates
cost planning
construction phase cost management
analysis of cost data.
The recommended quantification methods when using NRM1 are:
floor area
functional unit
elemental.
Functional unit method
Cost per functional unit (or...
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