Estimation software is easy to use and estimates the projected construction costs. In short, estimation software not only estimates the costs of the software, but also helps project managers by easing and fulfilling tasks that are usually left for accountants.

You can follow these steps: 1) Establish the building quality class. 2) Calculate the area of the first floor. 3) Multiply that by square foot costs estimates as explained above. 4) Add the costs of mechanical and electrical fixtures.

Attention to detail is important to ensure cost estimators achieve accurate results. They need to be able to identify cost drivers quickly and make sure that when one cost changes, they know how it will affect other costs related to the project.