The estimator has asked you to write a short report on your work experience within their department. Explain the uses of different estimating techniques. The chief estimator has asked you to review what is contained within a typical estimate’s content. Provide this information. The estimator is considering the following estimating methods:
• using labour, plant and materials as separate items
• using standard price book rates
• using work study rates.
Justify the use and selection of each new method proposed.
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