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Q: Which of the following estimates mostly resembles a detailed estimate ?
  • A. Annual maintenance estimate
  • B. Rough estimate
  • C. Quantity estimate
  • D. Item rate estimate
Correct Answer: Option D - Detailed estimate is also known as item rate estimate. • It is an accurate estimate and consists of working out the quantities of each item of works and working the cost. • The dimensions, length, breadth and height of each item are taken out correctly from drawing and quantities of each item are calculated and abstracting and billing are done. The detailed estimate is prepared in two stages– • Details of measurement and calculation of quantities. • Abstract of estimated cost.
D. Detailed estimate is also known as item rate estimate. • It is an accurate estimate and consists of working out the quantities of each item of works and working the cost. • The dimensions, length, breadth and height of each item are taken out correctly from drawing and quantities of each item are calculated and abstracting and billing are done. The detailed estimate is prepared in two stages– • Details of measurement and calculation of quantities. • Abstract of estimated cost.

Explanations:

Detailed estimate is also known as item rate estimate. • It is an accurate estimate and consists of working out the quantities of each item of works and working the cost. • The dimensions, length, breadth and height of each item are taken out correctly from drawing and quantities of each item are calculated and abstracting and billing are done. The detailed estimate is prepared in two stages– • Details of measurement and calculation of quantities. • Abstract of estimated cost.