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Expert Civil Latest Questions

Mohd Mujtaba
Mohd Mujtaba
Asked: December 14, 20222022-12-14T23:14:21+05:30 2022-12-14T23:14:21+05:30In: Estimation and Costing

What is revised estimate?

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    1. Vaibhav Verma
      Vaibhav Verma
      2022-12-15T16:25:51+05:30Added an answer on December 15, 2022 at 4:25 pm

      Revised estimates are updated versions of a project's budget that reflect the actual costs associated with completing the work. They are used to compare the original budget to the actual cost of the project and can serve as a basis for adjusting future budgets.

      Revised estimates are updated versions of a project’s budget that reflect the actual costs associated with completing the work. They are used to compare the original budget to the actual cost of the project and can serve as a basis for adjusting future budgets.

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