Unit Method Estimating
The unit method estimating consists of choosing a standardunit of accomodation and multiplying an approximate cost per unit
Estimate = Standard units of accommodation X Cost/Unit
Schools – costs per pupil place
Hospitals – costs perbed place
Roads – per Kilometers
Car parks – costs per car space
The technique is based on the fact that there is usuallysome close relationship between the cost of a construction project and the number of functional units itaccomodates. Functional units are thosefactors which express the intended use of thebuilding better than any other. Thismethod is extremely useful on occasions where the building’s client requires a preliminaryestimate based on little more information than the basic units of accommodation.
The units adopted to facilitate this analysis depend on the type of project under consideration.
Using this estimating method can generate a rough estimatequickly, but the lack of accuracy will render it of little use in the costplanning procedure outlined earlier. However, this method ids often used todetermine the very first notion of a price in early discussions of a projectand as a crude means of comparing the known costs of differet buildings.