Precise Cost Estimation
The purpose of the construction takeoff is to provide the general breakdown of all the materials required and their cost for the construction project. It helps to generate the overall budget of the project. It can be done by using fully automated software tools used by the professional estimators.
This process involves:
1. Consulting project plans and specifications to analyze project needs
2. Creating the list of materials required
3. By reading the drawing designs, identifying the quantity of the materials.
At the end of the process, the Bill Of Materials(BOM) is generated. It is the term used to determine the quantity of the materials required in the construction project. It is known to be the foundation of accurate cost estimation.