Provide characteristics of the unit-price and unit cost estimating methods, and the resource enumeration (3) methods. (Chapter 17) (1 point each bullet = 8 points)

Unit price estimatation:

In unit price estimation unit price of of wach items is multiplied with corresponding quantity to determine the total cost of that item.all the items costs are sumed to get the total cost.

Unit cost estimation:

Unit cost method of estimation in construction projects includes dividing a project into various components . The cost of each of the project’s components are estimated, then the sum of costs of each project costs gives the total cost of the project.

Resouce enumeration:

Each project are different and unique. when some projects have special features those features are extracted and analysed separately.Prices are developed by breaking the special work ithem into subfeatures and assigning a typical reaource group to each subfeature. The productivity of resource group is to be estimated from historical datas available this process can be named as resource enumeration.

Explanation:

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